One-Page Deal Sheet
Approach Resources Buys Properties and Interests in Permian
Approach Resources, Inc. J Cleo Thompson
Announced Date
July 01,2008
Close Date
July 01,2008
Transaction Type
Property
Enterprise Value (EV)($MM)
12
Location
Region
Permian
Country
United States
State
Texas
County
Crockett ,Schleicher
Play
Production & Reserves Production
Reserves
Transaction Details: Subscribe to see
Approach Resources Inc. has acquired additional interests and properties in the Company's 41,176-acre Ozona Northeast field in Crockett and Schleicher Counties, Texas. The properties were acquired from J. Cleo Thompson & James Cleo Thompson, Jr., L.P. and certain other sellers and include:
-- an additional 95% working interest in all depths below the top of the Strawn formation,
-- 9.4 Bcfe of estimated proved and probable reserves, including 7.7 Bcfe of estimated proved reserves, -- 1.5 MMcfe/d in current net production
-- approximately 75 miles of gathering lines and related compression…
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-02-2026 |
-  |
- |
Click here | Texas | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-30-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-27-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-04-2024 |
- |
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Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-12-2024 | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction | - |
- |
| Jan-04-2024 | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal | - |
- |
| Dec-15-2023 | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map | - |
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