One-Page Deal Sheet
Goodrich Bolts On Tuscaloosa Marine Shale Acreage
Goodrich Petroleum Corp. Not Disclosed
Announced Date
July 22,2013
Effective Date
March 01,2013
Close Date
August 27,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
24
Location
Calculated Metrics( EV/Category)
Country
United States
State
Louisiana
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - August 27, 2013
Goodrich Petroleum Corporation has closed on the previously announced acquisition of a 66.7% working interest in 277,000 gross acres and 750 barrels of oil per day effective March 1, 2013.
The closing price after purchase price adjustments was $23.7 million, which was funded with available cash. At closing the Company's borrowing base increased to $243 million, with nothing currently drawn. The Company intends to spud its initial well on the acquired acreage in October 2013.
Initial Announcement - July 22, 2013Goodrich Petroleum Corporation has…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-10-2014 |
-  |
- |
Click here | Texas | E&P |
| Dec-08-2014 |
- |
- |
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| Nov-21-2014 |
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- |
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| Nov-21-2014 |
- |
- |
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| Nov-20-2014 |
- |
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Click here | Louisiana | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-22-2021 | Paloma Partners to Acquire Goodrich for $480 Million; Take Company Private | - |
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| Mar-02-2017 | Encana Unloads TMS Assets to Australis in $80MM Deal | - |
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| Nov-14-2013 | Comstock Acquires Tuscaloosa Marine Shale Acreage | - |
- |