One-Page Deal Sheet
Harvest Oil & Gas Unloads San Juan Assets for $42.8MM
Not Disclosed Harvest Oil & Gas Corp.
Announced Date
February 18,2019
Effective Date
October 01,2018
Close Date
April 01,2019
Transaction Type
Property
Enterprise Value (EV)($MM)
43
Location
Region
Rockies - San Juan Basin
Country
United States
State
Colorado
Play
Production & Reserves Production
Reserves
Transaction Details: Subscribe to see
Harvest Oil & Gas Corp. has agreed to sell all of its interests in the San Juan Basin in New Mexico and Colorado to an undisclosed buyer for $42.8 million.
Harvest’s San Juan Basin production for the first nine months of 2018 averaged 23.7 MMcfe per day.
The estimated proved reserves as of May 31, 2018 were 163.2 Bcfe (65% natural gas, 30% natural gas liquids and 5% crude oil).
UBS Investment Bank is acting as financial advisor and Kirkland & Ellis LLP is acting as legal advisor to Harvest on this transaction.
The transaction is expected to close in April 2019 and has an effective date of…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jul-10-2025 |
-  |
- |
Click here | Colorado | E&P |
| May-28-2020 |
- |
- |
Click here | Colorado | E&P |
| Oct-01-2018 |
- |
- |
Click here | New Mexico | E&P |
| Feb-05-2018 |
- |
- |
Click here | Colorado | E&P |
| Dec-08-2017 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-10-2025 | Mach Resources Buys San Juan Gas Asset for $787 Million | - |
- |
| May-28-2020 | MorningStar Acquires Bankrupt Southland Royalty's Assets for $11.3MM | - |
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| Oct-01-2018 | Encana Sells Off San Juan Assets for $480 Million | - |
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