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One-Page Deal Sheet

Encore Buys Mid-Continent Properties From EXCO

Encore Energy Partners Lp Exco Resources Inc.
AnnouncedJun 29, 2009
TypeProperty
Announced Date
June 29,2009
Effective Date
April 01,2009
Close Date
August 11,2009
Transaction Type
Property
Enterprise Value (EV)($MM)
375




Snapshot
Asset/Basin:
{Mid-Continent,"East Texas"}
TargetZones:
{"Marchand sandstone
Net Acres
Proved Reserves

Location
Region
Mid-Continent

Country
United States

State
Texas

Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Production ($/Mcfe/d)

Transaction Details:  Subscribe to see

EXCO Resources, Inc. today announced that it has reached an agreement with Encore Operating, L.P., to sell its Norge Marchand Unit in Grady County, Oklahoma, other selected Oklahoma, Kansas and Texas Panhandle assets, and its Gladewater Field and Overton Field assets in Gregg, Upshur and Smith Counties, Texas for $375 million, subject to customary purchase price adjustments.  As of December 31, 2008, the properties include estimated proved reserves of 4.7 million barrels of oil (Mmbbls) and 148 billion cubic feet (Bcf) of natural gas, or 176 billion cubic feet of natural gas equivalent…

United States Deal Activity In Last 12 Months



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-27-2025 - - Click here Texas  E&P
Jul-29-2024 - - Click here Oklahoma  E&P
Mar-02-2022 - - Click here Oklahoma  E&P
Nov-10-2021 - - Click here Texas  E&P
May-18-2021 - - Click here Oklahoma  E&P

Other United States Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-10-2026 - - Click here Texas  E&P
Feb-18-2026 - - Click here Texas  E&P
Feb-02-2026 - - Click here Texas  E&P
Jan-16-2026 - - Click here Texas  E&P
Jan-08-2026 - - Click here Texas  E&P

Other United States Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-02-2022 - - Click here Kansas  E&P
Jan-08-2020 - - Click here Kansas  Midstream
Nov-07-2019 - - Click here Kansas  E&P
Aug-28-2019 - - Click here Kansas  E&P
Aug-19-2019 - - Click here Kansas  Service

Price History



Date Deal Headline Price$/acre
Feb-18-2026 SM Energy Sells Eagle Ford Asset for $950 Million -  
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank -  
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM -   8,172