One-Page Deal Sheet
International Frontier Resources Purchases Montana Acreage
International Frontier Resources Corp Not Disclosed
Announced Date
May 31,2011
Close Date
May 31,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
3
Asset/Basin:
{"Williston Basin (Alberta Basin Bakken)"}
TargetZones:
{Lodgepole,Bakken,"T
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Williston Basin
Country
United States
State
Montana
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
International Frontier Resources Corporation reported today that the Company has entered into agreements with ten vendors to purchase title to their freehold acreage located in northwest Montana for a purchase price of US$3,183,133. The Company will initially pay $2,121,876 with the balance of $1,061,256 being held in a trust account until a title opinion has been completed. If the title opinion indicates that the vendors own less than 17,082 net acres, or more than 17,082 net acres, the purchase price will be adjusted accordingly using US$186.33 per net acre.
Frontier's fee acreage is…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-13-2025 |
-  |
- |
Click here | Montana | E&P |
| Jan-31-2024 |
- |
- |
Click here | North Dakota | E&P |
| Aug-24-2023 |
- |
- |
Click here | North Dakota | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Jul-11-2022 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |
| Jul-08-2024 | Devon To Acquired PE-Backed Grayson Mill For $5 Billion | - |
- |
| Feb-21-2024 | Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company | - |
- |