One-Page Deal Sheet
EnerVest Acquires Eagle Ford Assets in $125MM Deal
Enervest Ltd. Alta Mesa Resources, Inc
Announced Date
September 22,2015
Effective Date
July 01,2015
Close Date
September 30,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
125
Asset/Basin:
{"Eagle Ford Shale"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Karnes
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Closing Announcement - October 2, 2015
Alta Mesa Holdings, LP has closed the previously announced sale of its subsidiary Alta Mesa Eagle, LLC, which owns certain oil and gas producing properties in the Eagle Ford Shale area and other assets, to EnerVest, Ltd and its affiliates.
Net proceeds from the sale transaction were used to pay down the Company's senior credit facility. After giving effect to the sale and repayment, the borrowing base under the Company's senior credit facility was reduced to $255 million and the amount drawn was approximately $158 million.
Initial Announcement…Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
-  |
- |
Click here | Texas | E&P |
| Jan-08-2026 |
- |
- |
Click here | Texas | E&P |
| Dec-05-2024 |
- |
- |
Click here | Texas | E&P |
| May-16-2024 |
- |
- |
Click here | Texas | E&P |
| Nov-03-2022 |
- |
- |
Click here | Texas | E&P |
| 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 | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |