One-Page Deal Sheet
ATX Energy Acquires Rockies Assets From Blackhills
ATX Energy Partners Black Hills Corporation
Announced Date
November 01,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
28
Asset/Basin:
{"Rockies - Powder River Basin","Rockies - San Juan Basin"}
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Rockies - Powder River Basin,Rockies - San Juan Basin
Country
United States
State
Wyoming
County
Johnson
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Black hills today revealed in its 3Q 2017 filing that the company has San Juan and Powder River property to an undisclosed buyer. A confidential source told us that the buyer is ATX Energy.
The Powder River Basin asset had production of 187 Boe/d (79% oil) and 25,000 net acres. The acreage is located in Johnson County, Wyoming.
Here is what the company had to say in the filing.
"Recently, Black Hills signed agreements to sell its San Juan Basin assets in New Mexico and certain Powder River Basin assets in Wyoming for a combined $28 million. The San Juan Basin transaction is subject to…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-10-2025 | Mach Resources Buys San Juan Gas Asset for $787 Million | -  |
- |
| May-28-2020 | MorningStar Acquires Bankrupt Southland Royalty's Assets for $11.3MM | - |
- |
| Oct-01-2018 | Encana Sells Off San Juan Assets for $480 Million | - |
- |