One-Page Deal Sheet
Eni and Quicksilver Team Up to Develop the Delaware Basin
Eni S.P.A Quicksilver Resources Inc.
Announced Date
November 05,2013
Close Date
November 05,2013
Transaction Type
JV
Enterprise Value (EV)($MM)
52
Location
Calculated Metrics( EV/Category)
Region
Permian
Country
United States
State
Texas
County
Pecos
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Quicksilver Resources Inc. has announced that it has entered into an agreement with Eni whereby Quicksilver and Eni will jointly evaluate, explore and develop approximately 52,500 gross acres in the Delaware Basin currently held by Quicksilver in the Leon Valley area located in Pecos County, Texas.
Under the terms of the agreement:
Eni will pay up to $52 million representing 100% of drilling, completion and seismic costs to earn a 50% interest in Quicksilver's Pecos County acreage. The investment by Eni will occur in three phases with the first phase covering the drilling and completion of…Permian Deal Activity In Last 12 Months
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| Jan-27-2025 |
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| Jan-04-2024 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
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