One-Page Deal Sheet
Earthstone, Oak Valley to Acquire Interest in HZ Eagle Ford Project
Earthstone Energy Inc., Oak Valley Resources Llc Flatonia Energy Llc, Parallel Resource Partners Llc
Announced Date
October 17,2014
Effective Date
July 01,2014
Close Date
December 19,2014
Transaction Type
Property
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
% Oil:
Location
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Fayette ,Gonzales
Play
Transaction Details: Require Private Equity Subscription
Earthstone Energy, Inc. and privately-held Oak Valley Resources, LLC jointly announced today that they have entered into a definitive Contribution Agreement with Parallel Resource Partners, LLC and Flatonia Energy, LLC, a Parallel-managed portfolio company, to acquire an undivided 20% interest in a horizontal Eagle Ford development project located in Fayette and Gonzales counties, Texas, in exchange for the issuance to Flatonia of approximately 2.957 million shares of Earthstone common stock.
After the transaction, Flatonia will continue to hold a 50% undivided interest in the project and an…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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Click here | Texas | E&P |
| Jan-08-2026 |
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| Dec-05-2024 |
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| May-16-2024 |
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| Nov-03-2022 |
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| 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 | - |
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| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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