One-Page Deal Sheet
Eni Farms-in With Quicksilver Resources in Barnett Shale
Not Disclosed Quicksilver Resources Inc.
Announced Date
May 18,2009
Effective Date
April 01,2009
Close Date
June 19,2009
Transaction Type
Property
Enterprise Value (EV)($MM)
280
Location
Calculated Metrics( EV/Category)
Country
United States
State
Texas
Play
Calculated Metrics( EV/Category)
$/ Acre
$/Location
Transaction Details: Subscribe to see
Eni has executed a strategic alliance with Quicksilver Resources Inc., an independent US natural gas producer, to acquire a 27.5% interest in the "Alliance" area, located between the cities of Fort Worth and Dallas in Northern Texas. The Quicksilver leasehold interest in Alliance covers an area of approximately 13,000 net acres (53 square kilometres), with production from unconventional gas shales located in the Barnett Shale formation of the Fort Worth Basin, at an average depth of 7500' (approximately 2,300 meters). Quicksilver will retain the 72.5% interests and operatorship of the…
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