One-Page Deal Sheet
Encap Investments to Buy EP Energy in $1.5 Billion Deal; Split Up Company
Encap Investments EP Energy Corp
Announced Date
August 11,2021
Transaction Type
Corporate
Enterprise Value (EV)($MM)
1500
Asset/Basin:
["Eagle Ford Shale", "Uinta Basin"]
TargetZones:
["Eagle Ford"]
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast,Rockies
Country
United States
State
Texas
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
PE firm EnCap Investments has entered into an agreement to acquire EP Energy for $1.5 billion, according to a report by Reuters.
EP Energy initially filed for bankruptcy in October 2019. After a drawn out Chapter 11 process, the company finally emerged from bankruptcy in late 2020.
Since then, the company has been accepting takeover bids from several PE firms.
Citing sources familiar with the matter, EnCap will split up EP Energy and subsequently merge them with existing portfolio companies.
EP Energy's AssetsEP Energy holds assets in the Eagle Ford as well as the Rockies (Utah) regions.
- Ac…
| 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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