One-Page Deal Sheet
Atlas Resource Partners To Acqure Barnett Shale Proved Reserves
Atlas Resource Partners, L.P. Titan Operating, L.L.C
Announced Date
May 17,2012
Effective Date
January 01,2012
Close Date
July 25,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
184
Asset/Basin:
{"Barnett Shale"}
TargetZones:
{"Barnett Shale"}
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Country
United States
State
Texas
County
Denton ,Tarrant ,Johnson ,Hood
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Production ($/Mcfe/d)
Transaction Details: Require Private Equity Subscription
Atlas Resource Partners, L.P., will acquire approximately 250 Bcfe of proved reserves and associated assets in the Barnett Shale in Texas for approximately $184 million in ARP units (based on ARP’s closing price on May 16, 2012) through entry into a definitive agreement with Titan Operating, L.L.C. (“Titan”), a privately held company based in Fort Worth, Texas. The transaction has been approved by ARP’s board of directors and will be effective as of January 1, 2012, with an expected closing in July 2012, subject to customary closing conditions and purchase price adjustments.
Deal Terms
ARP…| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Aug-12-2025 | BKV Acquires More Barnett Shale Assets | -  |
- |
| May-19-2022 | Exxon to Sell Barnett Shale Portfolio to BKV for $750 Million | - |
- |
| Dec-18-2019 | Devon Sells Barnett Shale Assets to Kalnin for $830 Million | - |
- |