One-Page Deal Sheet
Citizen Energy Acquires STACK-Focused Red Bluff, Bricktown Energy
Citizen Energy III LLC Bricktown Energy, Red Bluff Resources Holdings, LLC
Announced Date
June 29,2022
Close Date
June 29,2022
Transaction Type
Corporate
Net Acres
Location
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
County
Garvin ,McClain ,Grady ,Caddo ,Canadian ,Kingfisher ,Logan ,Blaine ,Custer ,Dewey ,Major ,Woods ,Garfield
Play
Production Production
Production Mix
Transaction Details: Require Private Equity Subscription
Citizen Energy has acquired substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.
The purchase price was not disclosed.
Deal Details: Acreage: ~80,000 net acres Production: ~13 MBOEPD (56% liquids) Wells: 200 operated / 739 non-operatedPro forma for the acquisition, Citizen assets will consist of ~86,000 BOEPD, 720+ operated wells, 326,000+ net acres (98% HBP).
AdvisorsBaker Botts served as legal counsel for Buyers. Kirkland & Ellis served as legal counsel and JPMorgan served as the exclusive financial…
Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-17-2026 |
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- |
Click here | Oklahoma | E&P |
| Sep-09-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Aug-07-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Mar-24-2025 |
- |
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Click here | Oklahoma | E&P |
| Sep-06-2022 |
- |
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Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
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