One-Page Deal Sheet
Continental, SK E&P Join Forces for Cana-Woodford Drilling
SK E&P America Inc, SK E&S Co. Ltd, Sk Group Ltd. Continental Resources, Inc.
Announced Date
October 27,2014
Transaction Type
JV - DrillCo
Enterprise Value (EV)($MM)
360
Asset/Basin:
{"Anadarko Basin (Cana-Woodford)"}
TargetZones:
{"Woodford Shale"}
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent
Country
United States
State
Oklahoma
County
Blaine ,Dewey
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Require Private Equity Subscription
Continental Resources, Inc. has formed a joint venture with a wholly-owned U.S. subsidiary of SK E&S Co. Ltd to jointly develop a significant portion of Continental's Northwest Cana Woodford natural gas assets, primarily in Blaine and Dewey counties, Oklahoma.
SK E&S is a subsidiary of SK Group, one of the largest conglomerates in South Korea and part of SK Holdings, a Fortune Global 100 company.
Continental sold a 49.9% interest in approximately 44,000 net acres in the highly prospective Northwest Cana area of the Anadarko Woodford Shale play, including interests in 37 producing wells, for…
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|---|---|---|---|---|---|
| Jan-27-2025 |
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| May-18-2021 |
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