One-Page Deal Sheet
Earthstone Acquires Oak Valley in Cash/Stock Deal
Earthstone Energy Inc. Oak Valley Resources Llc
Announced Date
May 15,2014
Close Date
December 19,2014
Transaction Type
Corporate
Enterprise Value (EV)($MM)
130
Asset/Basin:
{"Eagle Ford","Williston Basin"}
TargetZones:
{"Eagle Ford Shale",
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Williston Basin,Gulf Coast - South Texas
Country
United States
State
North Dakota
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Closing Announcement - December 22, 2014
Earthstone Energy, Inc. and privately-held Oak Valley Resources, LLC jointly announced that at a special meeting of Earthstone stockholders held on Friday, December 19, 2014, all proposals (see the Earthstone Proxy Statement dated November 10, 2014 at www.sec.gov for the full proposals) were approved overwhelmingly and as a result, Earthstone's strategic combination with Oak Valley and acquisition of additional Eagle Ford trend working interests have been completed.
The approved Earthstone stockholder proposals included the following:
The issuance of…| 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 | - |
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