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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Encana Sells Jonah Field Operations for $1.8 Billion

Jonah Energy Llc, TPG Capital Ovintiv Inc
AnnouncedMar 31, 2014
TypeProperty
LocationPinedale/Jonah
Announced Date
March 31,2014
Effective Date
December 01,2013
Close Date
May 12,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
1800




Snapshot
Net Acres
Proved Reserves

Location
Region
Rockies

Country
United States

State
Wyoming

County
Sublette

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Production ($/Mcfe/d)

Transaction Details:  Require Private Equity Subscription

Jonah Energy LLC has completed the acquisition of the Jonah field operations located in Sublette County, Wyoming, from Encana Oil & Gas (USA) Inc., a wholly-owned subsidiary of Encana Corporation (Encana) for a purchase price of approximately US$1.8 billion effective December 1, 2013, subject to customary purchase price adjustments.

The Jonah field acquisition was originally announced on March 31, 2014.

This is the first acquisition by Jonah Energy, which was formed by TPG, a global private investment firm, to acquire and operate North American onshore oil & gas properties. The properties…



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Price History



Date Deal Headline Price$/acre
Feb-09-2022 Evolution Petroleum Acquires Gas-Heavy Jonah Field Asset for $26 Million - -
Jul-24-2017 QEP Sells Pinedale Assets to Kayne Anderson-backed Oak Ridge for $740 Million - -
May-02-2017 TPG Capital-backed Jonah Energy Acquires Pinedale Property LINN - -