One-Page Deal Sheet
Energen Acquires Wolfberry Acreage
Energen Corp. Not Disclosed
Announced Date
November 01,2010
Effective Date
December 01,2010
Close Date
November 01,2010
Transaction Type
Property
Enterprise Value (EV)($MM)
75
Asset/Basin:
{Permian}
TargetZones:
{Wolfberry}
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Permian
Country
United States
State
Texas
Play
Production & Reserves Reserves
Calculated Metrics( EV/Category)
$/ Acre
$/Location
Transaction Details: Subscribe to see
Energen Resources Corporation, the oil and gas exploration and production subsidiary of Energen Corporation, has signed a Purchase and Sale Agreement with a private seller to acquire 10,360 net Wolfberry acres in the southeast portion of the trend for $75 million. This Permian Basin acquisition is largely oil and natural gas liquids (NGL) and offers a sizeable drilling inventory.
The property includes six producing wells and two wells awaiting completion. Energen Resources has identified 63 proved undeveloped (PUD) locations and 169 probable locations. Estimated proved reserves total 7.6…
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-02-2026 |
-  |
- |
Click here | Texas | E&P |
| Nov-03-2025 |
- |
- |
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| Jan-30-2025 |
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| Jan-27-2025 |
- |
- |
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| Jan-04-2024 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-20-2013 | Lynden Drops Wolfberry Wells in Deal with BreitBurn | - |
- |
| Dec-11-2012 | Lynden Letting Go of Permian Wolfberry Interest | - |
- |
| May-11-2012 | BreitBurn Energy Partners Acquires Wolfberry Oil and Gas Properties | - |
- |