One-Page Deal Sheet
Abraxas Sells Eagle Ford Shale Assets
Not Disclosed Abraxas Petroleum Corp.
Announced Date
November 20,2012
Effective Date
September 01,2012
Close Date
December 17,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
19
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford Shale",
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
De Witt
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Nordheim Definitive Agreement
Abraxas today signed an agreement to sell the Company's 25% working interest at the Nordheim Project in the Eagle Ford shale to a large institutional buyer for proceeds of $19.1mm. The sale is subject to customary closing conditions and purchase price adjustments and reflects an effective date of September 1, 2012.
The asset consists of 544 net acres in DeWitt County, Texas and approximately 64 boepd (56% gas; 26% NGLs; 26% oil) of net production. Abraxas will retain the rights to its Edwards production, reserves and upside across both its Nordheim and Wagner…
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|---|---|---|---|---|---|
| Feb-18-2026 |
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| Jan-08-2026 |
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| May-16-2024 |
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| Nov-03-2022 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
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