One-Page Deal Sheet
Gastar Acquires STACK Property in Kingfisher County
Gastar Exploration Inc Not Disclosed
Announced Date
March 22,2017
Effective Date
March 01,2017
Close Date
March 22,2017
Transaction Type
Working Interest
Enterprise Value (EV)($MM)
51
Asset/Basin:
{"Anadarko Basin",STACK}
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
County
Kingfisher
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
[Summary: Gastar has acquired additional working and net revenue interests in approximately 66 gross (9.5 net) producing wells and 5,670 net acres of additional STACK oil and gas leasehold in Kingfisher County, Oklahoma. ]
Current net production associated with the acquired well interests is approximately 330 barrels of oil equivalent per day (49% oil) and 57% of the acreage is currently held-by-production. The acquisition price of $51.4 million has an effective date of March 1, 2017.
The acquisition was funded through a tack-on issuance, to funds managed by Ares Management, L.P., of an…
Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-17-2026 |
-  |
- |
Click here | Oklahoma | E&P |
| Sep-09-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Aug-07-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Mar-24-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-02-2026 | Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank | - |
- |
| Jul-28-2022 | Diversified Picks Up MidCon Assets from Conoco for $240 Million | - |
- |
| Mar-02-2022 | BCE-Mach Picks Up Midcontinent Assets for $66.5MM; STACK, MissLime | - |
- |