One-Page Deal Sheet
Concho Acquires Henry Petroleum for Cash
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
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
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- |
Click here | Texas | E&P |
| Feb-18-2026 |
- |
- |
Click here | Texas | E&P |
| Feb-02-2026 |
- |
- |
Click here | Texas | E&P |
| Jan-16-2026 |
- |
- |
Click here | Texas | E&P |
| Jan-08-2026 |
- |
- |
Click here | Texas | E&P |
| 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 |
