One-Page Deal Sheet
Goodrich Petroleum to Acquire 35,000 Net Acres in the Eagle Ford Shale
Goodrich Petroleum Corp. Not Disclosed
Announced Date
April 12,2010
Transaction Type
Property
Enterprise Value (EV)($MM)
59
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Frio ,La Salle
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Goodrich Petroleum Corporation announced it has entered into agreements to acquire an average 70% leasehold interest in approximately 50,000 gross (35,000 net) acres within the oil window of the Eagle Ford Shale play in La Salle and Frio Counties, Texas . The purchase price equates to an average of $1,675 per net acre, with approximately $15.0 million in upfront cash and the option to drill to earn its full interest through $44.0 million in carried drilling costs. The transactions are subject to customary due diligence, with closing anticipated within 30 days.
The Company is currently…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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Click here | Texas | E&P |
| Jan-08-2026 |
- |
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Click here | Texas | E&P |
| Dec-05-2024 |
- |
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Click here | Texas | E&P |
| May-16-2024 |
- |
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Click here | Texas | E&P |
| Nov-03-2022 |
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Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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