One-Page Deal Sheet
Crescent Energy Adds More Eagle Ford Acreage For $168 Million
Crescent Energy Company Not Disclosed
Announced Date
September 04,2024
Effective Date
May 01,2024
Transaction Type
Property
Enterprise Value (EV)($MM)
168
Asset/Basin:
["Eagle Ford"]
TargetZones:
["Eagle Ford"]
Net Acres
% Oil:
Net Operated Locations:
Location
Calculated Metrics( EV/Category)
Country
United States
State
Texas
County
La Salle ,MCMullen
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Crescent Energy said the company is acquiring assets from a private Eagle Ford operator for $168 million in cash.
The acquisition is directly offset Crescent’s existing Central Eagle Ford footprint. The transaction, which has an effective date of May 1, is expected to close in September 2024.
Over the next few days, Shale Experts will be updating with the name of the operator.
About the Asset.
Land : 13,000 net acres, 5,300 Net Royalty acres.
Production : 4,000 boe/d (85% oil)
Locations/Inventory : 30 gross , 23 net
Low decline 23%
2.5k net royalty acres
5.3k / ~13.0k
(Net Royalty / Net WI
Acr…
| 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 | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |