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One-Page Deal Sheet

Concho Acquires Henry Petroleum for Cash

Concho Resources, Inc. Not Disclosed
AnnouncedJun 8, 2008
TypeCorporate
Announced Date
June 08,2008
Effective Date
June 01,2008
Close Date
July 31,2008
Transaction Type
Corporate
Enterprise Value (EV)($MM)
565




Snapshot
Asset/Basin:
{"Permian Basin"}
TargetZones:
{Spraberry,Wolfcamp,
% Oil:

Location
Country
United States

State
Texas


Transaction Details:  Subscribe to see

Concho Resources Inc. has agreed to acquire all the outstanding general partner, limited partner and membership interests of Henry Petroleum and certain affiliated entities for 565 million in cash, subject to customary closing conditions. Henry is a private Midland-based oil and gas exploration and production company with operations located in the Permian Basin of West Texas and Southeast New Mexico, including an industry-leading position in the Spraberry/Wolfcamp oil play in West Texas, where Henry has drilled over 500 wells since 2002.

Acquisition Highlights:

- 163 Bcfe of proved reserves…

United States Deal Activity In Last 12 Months



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Mar-10-2026 - - Click here Texas  E&P
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Price History



Date Deal Headline Price$/acre
Feb-18-2026 SM Energy Sells Eagle Ford Asset for $950 Million -   15,574
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank -   32,229
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM -   8,172