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One-Page Deal Sheet

Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map

Fury Resources Inc Battalion Oil Corp.
AnnouncedDec 15, 2023
TypeCorporate
LocationMidland Basin
Announced Date
December 15,2023
Transaction Type
Corporate
Enterprise Value (EV)($MM)
450




Snapshot
Asset/Basin:
["Delaware Basin"]
TargetZones:
["Wolfcamp", "Bone S
Net Acres
% Oil:

PV-10 ($MM)
Location
Region
Permian - Delaware Basin

Country
United States

State
Texas

County
Ward ,Pecos

Play


Production
Production

Production Mix


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

Battalion Oil said it is merging with Fury Resources, Inc.  Fury Resources will acquire all of the outstanding shares of Common Stock of the Company for $9.80 per share in cash , which represents a total transaction value of approximately $450 million.

Assets

Land : 40k Net acres

Production  : 12.7Mboe/d (46% oil)

strong>Asset Map

The Preferred Stock of the Company held by Luminus Management LLC and funds and accounts managed by Oaktree Capital Management, L.P., or their respective affiliates (collectively, the "Rollover Stockholders"), will be contributed to Buyer in exchange for new…

Permian - Delaware Basin Deal Activity In Last 12 Months



Other Permian - Delaware Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-10-2026 - - Click here Texas  E&P
Sep-02-2025 - - Click here Texas  E&P
May-07-2025 - - Click here New Mexico  E&P
May-03-2025 - - Click here New Mexico  E&P
Nov-13-2024 - - Click here New Mexico  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 - -
Dec-11-2023 Oxy Acquires Midland Basin Juggernaut For $12 Billion - -