Skip to main content

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

One-Page Deal Sheet

Gulfport Contributes Spraberry Asset To Diamondback

Diamondback Energy, Inc. Gulfport Energy Corp.
AnnouncedOct 12, 2012
TypeProperty
LocationWolfberry Play
Announced Date
October 12,2012
Close Date
October 11,2012
Transaction Type
Property




Snapshot
Asset/Basin:
{Permian}
TargetZones:
{Wolfberry,Spraberry
Net Acres
% Oil:

Proved Reserves

Location
Region
Permian

Country
United States

State
Texas

Play


Production & Reserves
Production

Production Mix

Reserves


Transaction Details:  Require Private Equity Subscription

Gulfport Energy Corporation today announced it has completed the contribution of all of its oil and gas interests in thePermian Bas in toDiamondback Energy, Inc.

Net Proved Reserves of 12.88 MMboe 252 gross PUD locations 15,300 net acres primarily targeting Wolfberry play Avg Q2-2012  Production 1019 BOEPD (87% Oil)

InMay 2012, Gulfport Energy Corporation announced that it had entered into a contribution agreement with Diamondback, in which Gulfport agreed to contribute, prior to the closing of Diamondback's initial public offering, all of Gulfport's oil and natural gas interests in the…

Permian Deal Activity In Last 12 Months



Other Permian Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-02-2026 - - Click here Texas  E&P
Nov-03-2025 - - Click here Texas  E&P
Jan-30-2025 - - Click here Texas  E&P
Jan-27-2025 - - Click here Texas  E&P
Jan-04-2024 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Dec-20-2013 Lynden Drops Wolfberry Wells in Deal with BreitBurn - -
Dec-11-2012 Lynden Letting Go of Permian Wolfberry Interest - -
May-11-2012 BreitBurn Energy Partners Acquires Wolfberry Oil and Gas Properties - -