One-Page Deal Sheet
Enervest Acquires Pennsylvania Producing Assets From Exco
Enervest Ltd., EV Energy Partners Lp Exco Resources Inc.
Announced Date
September 30,2010
Effective Date
September 01,2010
Transaction Type
Property
Enterprise Value (EV)($MM)
131
Asset/Basin:
{"Appalachian Basin"}
TargetZones:
{Clinton,Knox,Medina
Location
Region
Northeast
Country
United States
State
Pennsylvania
Production Production
Transaction Details: Require Private Equity Subscription
EnerVest Ltd., Houston, and its MLP subsidiary EV Energy Partners LP, Houston, have closed their acquisition of Ohio and northwestern Pennsylvania producing assets in the Appalachian Basin from Exco Resources for $131.2 million.
The companies held back approximately $13.1 million for up to 90 days pending consents from third parties. Excluding those properties held back, the properties sold include estimated proved reserves of 1.9 million barrels of oil and 73.1 billion cubic feet of gas, or 84.5 billion cubic feet of gas equivalent based on SEC pricing as of Sept. 30. Current net production…
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-24-2020 |
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| Dec-19-2019 |
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| Jul-19-2019 |
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| Jul-19-2019 |
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| Apr-22-2025 |
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