One-Page Deal Sheet
Apache Buys Cordillera
Apache Corp Cordillera Energy Partners Iii
Announced Date
January 23,2012
Effective Date
September 01,2011
Close Date
April 30,2012
Transaction Type
Corporate
Enterprise Value (EV)($MM)
2850
Asset/Basin:
{"Anadarko Basin"}
TargetZones:
{"Granite Wash",Tonk
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent
Country
United States
State
Oklahoma
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Require Private Equity Subscription
Apache Corporation today announced that it has agreed to acquire Cordillera Energy Partners III LLC, a privately held company with substantial operations that include approximately 254,000 net acres in the prolific Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas Panhandle, for $2.85 billion.
In addition to estimated proved reserves of 71.5 million barrels of oil equivalent and current net production of 18,000 boe per day, Cordillera has assembled a leading acreage position with significant resource potential including 14,000 potential drilling locations…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-27-2025 |
-  |
- |
Click here | Texas | E&P |
| Jul-29-2024 |
- |
- |
Click here | Oklahoma | E&P |
| Mar-02-2022 |
- |
- |
Click here | Oklahoma | E&P |
| Nov-10-2021 |
- |
- |
Click here | Texas | E&P |
| May-18-2021 |
- |
- |
Click here | Oklahoma | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-13-2023 | Mach Acquires Anadarko Assets from PE-Backed Paloama Partners | - |
- |
| Jul-31-2018 | Penn Virginia Sells Off Oklahoma Assets to Undisclosed Buyer | - |
- |
| Oct-08-2016 | Fairway Resources Partners Scores 223,000 Net Acres In The Anadarko Basin | - |
- |