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One-Page Deal Sheet

Finley Resources Sells Midland Basin Position to Sabalo Energy

Sabalo Energy, LLC Finley Resources Inc
AnnouncedAug 26, 2016
TypeProperty
LocationMidland Basin
Announced Date
August 26,2016
Close Date
August 26,2016
Transaction Type
Property




Snapshot
Asset/Basin:
{"Permian - Midland Basin"}
Location
Region
Permian - Midland Basin

Country
United States

State
Texas

County
Howard

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Transaction Details:  Require Private Equity Subscription

Finley Resources Inc.  completed the sale of its Midland Basin (Howard County, TX) to Encap backed  Sabalo Energy, LLC.

According to its website, the company was established in 1999 and own, develops and manages 2500 oil and gas properties across eight states.

Sabalo Energy is a privately held Corpus Christi, Texas-based independent oil and gas company focused on the exploration and exploitation of oil and gas properties in various onshore U.S. basins.  The company is backed by private equity provider Encap investments.

Simmons & Company International | Energy Specialists of Piper Jaffray…

Permian - Midland Basin Deal Activity In Last 12 Months



Other Permian - Midland Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Sep-02-2025 - - Click here Texas  E&P
Feb-26-2025 - - Click here Texas  E&P
Feb-18-2025 - - Click here Texas  E&P
Feb-12-2024 - - Click here Texas  E&P
Dec-11-2023 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Feb-12-2024 Diamondback To Acquire Endeavor Energy In $26 Billion Transaction - -
Jan-04-2024 APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal - -
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