One-Page Deal Sheet
Gastar Finalizes Sale of Non-Core Oklahoma Assets
Not Disclosed Gastar Exploration Inc
Announced Date
June 22,2015
Effective Date
April 01,2015
Close Date
July 06,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
46
Asset/Basin:
{"Anadarko Basin"}
TargetZones:
{"Hunton Limestone",
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
County
Kingfisher
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Closing Announcement - July 6, 2015
Gastar Exploration Inc. has completed the sale of certain non-core assets in Oklahoma to an undisclosed private third-party for a total of $46.1 million of net proceeds. The sale was previously announced on May 6, 2015 and has an effective date of April 1, 2015.
J. Russell Porter, Gastar's President and Chief Executive Officer, commented, "We are pleased to close this transaction as it further strengthens our balance sheet and liquidity position to execute our capital program."
Closing Extension - June 22, 2015Gastar Exploration Inc. reported that the…
Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($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 | - |
- |