One-Page Deal Sheet
Colgate to Acquire Luxe Energy's Delaware Basin Assets in All-Stock Deal
Colgate Energy Partners III LLC Luxe Energy Llc
Announced Date
June 02,2021
Close Date
June 01,2021
Transaction Type
Property
Asset/Basin:
["Permian Basin", "Delaware Basin"]
TargetZones:
[]
Net Acres
Location
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Ward ,Reeves
Play
Production Production
Transaction Details: Require Private Equity Subscription
Colgate Energy Partners III LLC announce that it will acquire a majority of the assets owned by Luxe Energy LLC in an all-stock transaction.
Deal terms were not disclosed.
Both Colgate and Luxe are portfolio companies of Natural Gas Partners.
Luxe will continue to own and manage certain assets including a portion of the non-operated leasehold interests that are operated by MDC Reeves Energy, LLC and its affiliates. Closing occurred simultaneously with signing of a definitive agreement on June 1, 2021.
Deal Highlights: Acreage: ~22,000 net acres adjacent to Colgate's existing position in…Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Sep-02-2025 |
- |
- |
Click here | Texas | E&P |
| May-07-2025 |
- |
- |
Click here | New Mexico | E&P |
| May-03-2025 |
- |
- |
Click here | New Mexico | E&P |
| Nov-13-2024 |
- |
- |
Click here | New Mexico | E&P |
| 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 | - |
- |