One-Page Deal Sheet
Halcon Acquires 4,400 Net Acres In the Delaware Basin For $100 Million
Battalion Oil Corp. BTA Oil Producer LLC
Announced Date
February 06,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
104
Asset/Basin:
{"Permian - Delaware Basin"}
TargetZones:
{Wolfcamp,"Bone Spri
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Winkler
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Halcón also recently closed on the acquisition of 4,413 net acres contiguous to its existing Monument Draw area (the "Monument Draw Tack-On") from BTA Oil. This acquisition increases the Company's Monument Draw base case location inventory by 48 operated locations with an average lateral length of 10,833 ft. (assuming two Wolfcamp zones and one Bone Spring zone).
Well results and type curves on this acreage are expected to be consistent with the Company's existing Wolfcamp wells on its Monument Draw acreage (i.e. 1.9 MMboe 2-stream EURs for a 10,000 ft. lateral comprised of 80% oil)…
Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Sep-02-2025 |
- |
- |
Click here | Texas | E&P |
| May-07-2025 |
- |
- |
Click here | New Mexico | E&P |
| May-03-2025 |
- |
- |
Click here | New Mexico | E&P |
| Nov-13-2024 |
- |
- |
Click here | New Mexico | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
- |
| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
- |
| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
- |