One-Page Deal Sheet
Endeavour To Acquire Haynesville Shale Properties
Endeavour International Corp Not Disclosed
Announced Date
November 04,2009
Close Date
November 20,2009
Transaction Type
Property
Enterprise Value (EV)($MM)
15
Location
Region
Northeast,Ark-La-Tex
Country
United States
State
Pennsylvania
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Acquisition of working interest in five fields in the United States - Endeavour has acquired 50 percent of the working interest owned by Cohort Energy Company, a subsidiary of J-W Operating Company, in 24 wells located in five fields and certain proved undeveloped locations associated with the proved developed assets in North Louisiana and East Texas for $15 million.
Endeavour estimates that net proved producing reserves associated with these assets are 4.3 billion cubic feet equivalent of natural gas and that total net proved reserves are 13.1 billion cubic feet equivalent with inclusion of…
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