Skip to main content

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

One-Page Deal Sheet

Kabe Exploration To Acquire Mississippi Lime Acreage

Kabe Exploration Inc. Not Disclosed
AnnouncedNov 13, 2012
TypeProperty
LocationMississippi Lime
Announced Date
November 13,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
1




Snapshot
Asset/Basin:
{"Mississippian Lime",Mid-Continent}
TargetZones:
{"Mississippian Lime
Net Acres
Location
Region
Mid-Continent

Country
United States

State
Kansas

County
Cowley

Play



Transaction Details:  Require Private Equity Subscription

Kabe Exploration Inc. today announced a “Letter of Intent” (LOI) for the acquisition of 1,500 +/- gross acres with planned expansion of up to 15,000 additional acres for Horizontal Mississippian Lime Oil Development in Cowley County, Kansas. This acquisition is the first phase of capitalization for Kabe in a proposed development of up to 50 horizontal oil wells in the Mississippian Lime Oil Development.

“Kabe’s field acquisitions were selected due to the tremendous potential of developing substantial oil and natural gas reserves in a regional area which rivals any of the US oil Shale Plays,”…



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-27-2025 - - Click here Texas  E&P
Jul-29-2024 - - Click here Oklahoma  E&P
Mar-02-2022 - - Click here Oklahoma  E&P
Nov-10-2021 - - Click here Texas  E&P
May-18-2021 - - Click here Oklahoma  E&P

Price History



Date Deal Headline Price$/acre
Mar-02-2022 BCE-Mach Picks Up Midcontinent Assets for $66.5MM; STACK, MissLime - -
Feb-07-2018 Chesapeake Quietly Exits the MissLime; Sells Assets for $500MM - -
Oct-08-2016 Fairway Resources Partners Scores 223,000 Net Acres In The Anadarko Basin - -