One-Page Deal Sheet
Apache Selling Granite Wash Asset For $700 Million
Not Disclosed Apache Corp
Announced Date
November 20,2014
Effective Date
October 01,2014
Close Date
December 31,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
700
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent
Country
United States
State
Texas
County
Wheeler
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Apache agreed to sell approximately 115,000 net acres in a portion of its Stiles Ranch field in Wheeler County, Texas, and in its Mocane-Laverne and Verden fields in western Oklahoma. Net production from these properties averaged 26,000 BOE per day (83 percent gas and NGLs) during the third quarter of 2014.
Both transactions have an effective date of Oct. 1, 2014, and are expected to close during the fourth quarter of 2014.
RBC Richardson Barr acted as the financial advisor on the southern Louisiana transaction and Wells Fargo Securities, LLC acted as the financial advisor on the Anadarko…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-27-2025 |
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Click here | Texas | E&P |
| Jul-29-2024 |
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Click here | Oklahoma | E&P |
| Mar-02-2022 |
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| Nov-10-2021 |
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Click here | Texas | E&P |
| May-18-2021 |
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Click here | Oklahoma | E&P |
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