One-Page Deal Sheet
Carrizo Exits DJ Basin; Sells Off Assets for $140MM
Not Disclosed Not Disclosed
Announced Date
November 27,2017
Effective Date
September 01,2017
Close Date
January 19,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
140
Asset/Basin:
{"DJ Basin"}
TargetZones:
{"Niobrara A","Niobr
Net Acres
30,600
% Oil:
69 % oil
Source Documents:
Location
Calculated Metrics( EV/Category)
Region
Rockies - DJ Basin
Country
United States
State
Colorado
County
Weld
Play
Production Production
2,427 Boe/d
Production Mix
69 % Oil
Calculated Metrics( EV/Category)
$/ Flowing
57,684
$/ Acre
4,575
$/Location
218,750
Transaction Details:
Carrizo has agreed to sell its entire non-op DJ Basin property $140 million in cash to Verdad Oil & Gas Corp.
Property Highlights:
- Production : 2,427 BOEPD (69% oil)
- Land & Leasehold : 30,600 net acres
- Resource Potential : 125 MMboe
- Locations : 640 Well Locations
The transaction is currently expected to close in January 2018.
This sales marks the end of the transformation for the company that saw it selling off the Marcellus, and Utica properties.
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
-  |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
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- |
Click here | Texas | E&P |
| Jan-11-2024 |
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Click here | Colorado | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Feb-28-2022 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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| Nov-03-2025 | SM Energy, Civitas Strike $12.8B All-Stock Merger | - |
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| Sep-06-2022 | Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion | - |
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