One-Page Deal Sheet
Carrizo Acquires Delaware Basin Property From ExL for $648 Million
Not Disclosed Not Disclosed
Announced Date
June 28,2017
Effective Date
May 01,2017
Close Date
August 11,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
648
Asset/Basin:
{"Permian - Delaware Basin"}
TargetZones:
{"Wolfcamp A","Upper
Net Acres
16,488 (, 95% Operated )
% Oil:
48 % oil
Net Operated Locations:
350 ({"Wolfcamp A","Upper)
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Reeves ,Ward
Play
Production Production
8,000 Boe/d
Production Mix
48 % Oil
Calculated Metrics( EV/Category)
$/ Flowing
81,000
$/ Acre
39,301
$/Location
1,851,429
Transaction Details:
Carrizo has acquired 16,488 net acres in the Southern Delware Basin (Reeves and Ward county, tx) from Quantum Energy-backed ExL Petroleum for $648 million in cash. The asset is currently producing 8,000 boe/d (47% oil ).
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
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Click here | Texas | E&P |
| Sep-02-2025 |
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- |
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| May-07-2025 |
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| May-03-2025 |
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| Nov-13-2024 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
- |
| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
- |
| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
- |