One-Page Deal Sheet
Company Acquires Property In The Eagle Ford Core (Karnes County)
Summit Discovery Resources II LLC IOG Capital LP
Announced Date
July 05,2018
Transaction Type
Property
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
% Oil:
Location
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Karnes
Play
Production Production
Production Mix
Transaction Details: Subscribe to see
Sumitomo subsidiary Summit Discovery Resources II (SDRII) has inked a deal with IOG Gonzales 1835 LLC, an entity managed by IOG Capital, LP, Covington Equity Investments LLC and 1836 Resources, LLC to acquire producing properties in the Eagle Ford Core.
The transaction value was not disclosed.
As a result of the transaction, SDRII has become the 100% working interest owner and operator of the Asset.
Property Details: 624 acres in Karnes County, TX 3,000 BOEPD in productionThis strategic acquisition will allow SDRII to build its operating capacity and experience for future growth through…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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Click here | Texas | E&P |
| Jan-08-2026 |
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| Dec-05-2024 |
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| May-16-2024 |
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| Nov-03-2022 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
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| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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