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One-Page Deal Sheet

Great Western Picks Up DJ Basin Acreage, Wells

Great Western Petroleum LLC Not Disclosed
AnnouncedJan 16, 2015
TypeProperty
LocationNiobrara Shale,DJ Basin,Niobrara - DJ Basin
Announced Date
January 16,2015
Close Date
January 16,2015
Transaction Type
Property




Snapshot
Asset/Basin:
{"DJ Basin","Wattenberg Field"}
Net Acres
Location
Region
Rockies - DJ Basin

Country
United States

State
Colorado

County
Weld

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Transaction Details:  Require Private Equity Subscription

Great Western Oil & Gas Company, an affiliate of The Broe Group with active operations in the Denver-Julesburg Basin in Colorado, has purchased 14 producing wells and 816 net leasehold acres in the Wattenberg Field from an undisclosed seller. The purchase closed January 16. The price was not disclosed.

The tracts are adjacent to existing Great Western Oil & Gas land in Weld County and bolster the company’s position among the top 10 oil & gas producers in Colorado, where the company continues to look for additional acquisitions of wells, acreage and non-consenting working interests.

Rich Fromme…

Rockies - DJ Basin Deal Activity In Last 12 Months



Other Rockies - DJ Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Dec-18-2025 - - Click here Colorado  E&P
Nov-03-2025 - - Click here Texas  E&P
Jan-11-2024 - - Click here Colorado  E&P
Sep-06-2022 - - Click here   E&P
Feb-28-2022 - - Click here Colorado  E&P

Price History



Date Deal Headline Price$/acre
Sep-06-2022 Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion - -
Dec-14-2020 SandRidge to Sell North Park Niobrara Asset in $47MM Deal - -
Nov-04-2015 SandRidge Signs Deal for Derisked Niobrara Asset; $190 Million - -