One-Page Deal Sheet
Diversified Gas & Oil Picks Up Cotton Valley Assets for $135MM
Diversified Energy Company plc Indigo Natural Resources LLC
Announced Date
April 30,2021
Effective Date
March 01,2021
Close Date
May 19,2021
Transaction Type
Property
Enterprise Value (EV)($MM)
135
Asset/Basin:
["Haynesville", "Cotton Valley"]
TargetZones:
["Cotton Valley", "H
Proved Reserves
PDP PV-10 ($MM)
Location
Calculated Metrics( EV/Category)
Region
Ark-La-Tex
Country
United States
State
Louisiana
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/EBITDA
Residual Metrics Residual Value
Transaction Details: Require Private Equity Subscription
Diversified Gas & Oil PLC has signed a deal to acquire Cotton Valley upstream assets and related facilities primarily in the state of Louisiana from Indigo Minerals LLC (Indigo Natural Resources) for $135 million.
Acquisition Highlights: Wells: ~780 net operated wells Production: ~16 MBoepd (~95 MMcfepd) located within the Cotton Valley/Haynesville producing area of northwest Louisiana and east Texas. Reserves: ~50 MMBoe (~305 Bcfe) in PDP reserves, with a PV10 of ~$175MM using a full NYMEX strip as of April 16, 2021.Other details:
Purchase price of $135MM (gross; estimated $115MM net…Ark-La-Tex Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-26-2026 |
-  |
- |
Click here | E&P | |
| Jan-16-2026 |
- |
- |
Click here | Louisiana | E&P |
| Oct-23-2025 |
- |
- |
Click here | Louisiana | E&P |
| Jan-11-2024 |
- |
- |
Click here | West Virginia | E&P |
| Dec-15-2023 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-26-2026 | Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal | - |
- |
| Apr-01-2025 | TG Natural Resources Acquires Interest in Chevron’s Haynesville Asset | - |
- |
| Dec-15-2023 | TG Natural Resources To Acquire backed-Rockcliff Energy II For $2.7 Billion | - |
- |