One-Page Deal Sheet
Halcon Bolt-on Additional 6,700 Net Acres In Delaware Basin
Battalion Oil Corp. Samson Exploration LLC
Announced Date
January 25,2017
Close Date
June 15,2017
Transaction Type
Acreage
Enterprise Value (EV)($MM)
87
Asset/Basin:
{"Permian - Delaware"}
TargetZones:
{Wolfcamp,"Bone Spri
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Ward
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Require Private Equity Subscription
[Summary: Halcon has announced that it will exercise its option to acquire 6,720 net acres in the southern tract of its Ward County acreage for $11,000 per acre, on or prior to the option expiration date of June 15, 2017.
The purchase price for the acreage is $73.92 million.]
This stems from a January 2017 deal the company struck with Samson Exploration.
Halcón also plans to spud a vertical well on the northern tract (8,320 net acres) of its Ward County acreage in the third quarter of 2017, expected to be followed by a horizontal well shortly thereafter. As previously disclosed, the Company…
Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
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| Sep-02-2025 |
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| May-07-2025 |
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| May-03-2025 |
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| Nov-13-2024 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
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| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
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| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
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