Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Gastar to Bolt On Producing Hunton Lime Assets

Gastar Exploration Inc Not Disclosed
AnnouncedSep 6, 2013
TypeProperty
LocationHunton Lime Formation,Mid-Continent
Announced Date
September 06,2013
Effective Date
August 01,2013
Close Date
November 15,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
188




Snapshot
Asset/Basin:
{"Anadarko Basin"}
TargetZones:
{"Upper Hunton Limes
Net Acres
Proved Reserves

PV-10 ($MM)
Location
Region
Mid-Continent

Country
United States

State
Oklahoma

Play


Production & Reserves
Reserves


Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Require Private Equity Subscription

Gastar Exploration Ltd. has signed a purchase and sale agreement  to acquire a 98.3% working interest (80.5% net revenue interest) in 24,000 acres of the West Edmund Hunton Lime Unit (WEHLU) located in Kingfisher, Logan, Oklahoma and Canadian counties, Oklahoma.

All of the acreage in the unit is held by production (HBP) and located nearly adjacent to a portion of the Hunton Limestone assets that Gastar acquired earlier this year from Chesapeake Energy.  The transaction purchase price is $187.5 million, subject to customary closing adjustments, with an expected closing date in late November…



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-27-2025 - - Click here Texas  E&P
Jul-29-2024 - - Click here Oklahoma  E&P
Mar-02-2022 - - Click here Oklahoma  E&P
Nov-10-2021 - - Click here Texas  E&P
May-18-2021 - - Click here Oklahoma  E&P

Price History



Date Deal Headline Price$/acre
Jan-26-2018 Gastar Sells Hunton Lime Property for $107.5MM - -
Dec-31-2015 Lucas to Acquire MidContinent Acreage Package; 1,200 BOE/d - -
Oct-14-2015 Gastar Makes Deal for Hunton Lime / STACK Working Interest - -