One-Page Deal Sheet
Evolution Petroleum Acquires Gas-Heavy Jonah Field Asset for $26 Million
Not Disclosed Not Disclosed
Announced Date
February 09,2022
Effective Date
February 01,2022
Close Date
April 01,2022
Transaction Type
Property
Enterprise Value (EV)($MM)
26
Asset/Basin:
["Green River Basin"]
TargetZones:
[]
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Rockies
Country
United States
State
Wyoming
County
Sublette
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Production ($/Mcfe/d)
Transaction Details: Subscribe to see
Evolution Petroleum has acquired non-operated natural gas assets in the Jonah Field in Sublette County, Wyoming from privately-owned Exaro Energy III LLC for $26.2 million.
The effective date of the Transaction is February 1, 2022 and the deal closed on April 4, 2022.
Deal Details: Acreage: 1,040 net acres Wells & Interest: Includes an average working interest of 19.3% and an average revenue interest of 14.7% in 648 producing wells Production: 14.2 Mmcfe/d (88% gas) Proved Reserves: 42 Bcfe of PDP reservesJason Brown, President and CEO, said: "We are pleased to announce an expansion…
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