One-Page Deal Sheet
Athlon Inks Sizable Deal for Permian Properties
Athlon Energy Inc. Not Disclosed
Announced Date
April 09,2014
Close Date
June 03,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
873
Asset/Basin:
{"Midland Basin"}
TargetZones:
{"Wolfcamp A","Wolfc
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Permian - Midland Basin
Country
United States
State
Texas
County
Martin ,Upton ,Glasscock ,Andrews
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Athlon Energy has entered into multiple definitive agreements with five unrelated third-party sellers to acquire certain producing properties and undeveloped acreage for an aggregate purchase price of $873 million in cash.
The properties are 100% operated and are concentrated primarily on the western side of the northern Midland Basin in Martin, Upton, Andrews, and Glasscock counties, in proximity to the Company’s existing operating areas.
Acquisition Highlights: 23,500 net acres with an average 97% working interest (73% net revenue interest) Current net production of approximately 4,800…Permian - Midland Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Sep-02-2025 |
-  |
- |
Click here | Texas | E&P |
| Feb-26-2025 |
- |
- |
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| Feb-18-2025 |
- |
- |
Click here | Texas | E&P |
| Feb-12-2024 |
- |
- |
Click here | Texas | E&P |
| Dec-11-2023 |
- |
- |
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 | - |
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| Dec-15-2023 | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map | - |
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