One-Page Deal Sheet
Continental Resources Sells Water Assets
Lagoon Water Solutions Continental Resources, Inc.
Announced Date
July 31,2019
Close Date
July 31,2019
Transaction Type
Asset
Transaction Details: Require Private Equity Subscription
Lagoon Water Solutions, closed on an $85 million purchase of Continental's eastern STACK water recycling facility, gathering system and three related disposal wells in Blaine County, Oklahoma.
Along with the transaction, Lagoon has entered into a long-term arrangement with Continental to gather and dispose of produced water and source recycled water for Continental. The deal also includes 200 miles pipelines.
Kevin Lafferty, President and CEO, Lagoon Water Solutions, said: "We believe strongly in our commitment to being the premier solution for oil and gas operators' water midstream needs…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Apr-01-2020 |
-  |
- |
Click here | Oklahoma | Midstream |
| Jan-07-2020 |
- |
- |
Click here | Oklahoma | Midstream |
| Oct-24-2018 |
- |
- |
Click here | Oklahoma | Midstream |
| Jan-03-2018 |
- |
- |
Click here | Oklahoma | Midstream |
| Nov-09-2017 |
- |
- |
Click here | Oklahoma | Midstream |