One-Page Deal Sheet
EnergyQuest II Acquires Louisiana Assets
Energyquest Resources Lp Hilcorp Energy Company
Announced Date
March 01,2008
Close Date
July 01,2007
Transaction Type
Property
Enterprise Value (EV)($MM)
135
Asset/Basin:
{"Gulf Coast (South Louisiana)"}
Location
Country
United States
State
Louisiana
Transaction Details: Subscribe to see
Recently formed EnergyQuest II, LLC today announced that it has completed the acquisition from Hilcorp Energy Company of certain southwestern and central Louisiana assets for an aggregate purchase price of approximately $135 million.
The acquired properties include interest and operations in the Colgrade, Crowley North, Neale, and White Lake West Fields. EnergyQuest II envisions growing this very stable production base through low-risk drilling opportunities, behind pipe recompletions, and identified operational enhancements. This purchase expands the holdings of EnergyQuest II along the…
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