One-Page Deal Sheet
Chaparral Acquires Cabot's MidContinent Assets
Chaparral Energy Cabot Oil & Gas Corp
Announced Date
December 09,2013
Close Date
December 19,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
160
Asset/Basin:
{"Anadarko Basin","Panhandle Marmaton"}
TargetZones:
{"Marmaton Lime"}
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent
Country
United States
State
Oklahoma
County
Beaver ,Texas
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Chaparral Energy, Inc., based in Oklahoma City, Oklahoma, announced today that it has closed the acquisition from Cabot Oil & Gas Corp. of its Panhandle Marmaton Assets for $160.1 million, subject to post-closing adjustments.
The transaction is expected to add approximately 2,000 barrels of oil equivalent per day, based on Cabot's September, 2013 production, and 66,000 net acres to Chaparral's existing position in the Panhandle Marmaton Play. The acquisition essentially doubles Chaparral's holdings to 126,000 net acres in the Panhandle Marmaton Play and reflects its increased focus on…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Oct-08-2016 | Fairway Resources Partners Scores 223,000 Net Acres In The Anadarko Basin | -  |
- |
| Oct-03-2014 | LINN Energy Sells Granite Wash, Cleveland Assets for $1.95 Billion | - |
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| Dec-20-2013 | Peregrine Petroleum Dives into Anadarko Basin via Asset Deal | - |
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