One-Page Deal Sheet
Citizen Energy Picks Up Mid-Continent Asset; 28,000 Net Acres
Citizen Energy Holdings LLC Not Disclosed
Announced Date
October 20,2021
Effective Date
July 01,2021
Transaction Type
Property
Enterprise Value (EV)($MM)
153
Asset/Basin:
["Anadarko Basin"]
TargetZones:
["Meramec", "Woodfor
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
County
Blaine ,Dewey ,Custer ,Kingfisher ,Canadian ,Caddo
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Citizen Energy has entered into a $153MM deal to acquire assets in the Mid-Continent region from an undisclosed seller.
Deal Details: Acreage: 28,000 net acres (94% HBP) Production: ~8,000 BOEPD (58% gas) Wells: 97 net operated, 400 non-opThe acquisition will have a July 1, 2021 effective date.
Pro forma for the acquisition, Citizen will have net daily production of ~74,000 BOEPD, interests in over 1,700 wells and over 230,000 net acres across the Mid-Continent. A headline purchase price of $153MM will be funded entirely out of existing liquidity within Citizen’s RBL facility, which…
Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-17-2026 |
-  |
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Click here | Oklahoma | E&P |
| Sep-09-2025 |
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| Aug-07-2025 |
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| Mar-24-2025 |
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| Sep-06-2022 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-27-2025 | Diversified Acquires Maverick for $1.275 Billion to Expand Liquids Exposure and Anadarko/Permian Footprint | - |
- |
| Sep-06-2022 | Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion | - |
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| Jul-28-2022 | Diversified Picks Up MidCon Assets from Conoco for $240 Million | - |
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