One-Page Deal Sheet
Laredo Buys Additonal MIdland Basin Acreage
Laredo Petroleum Inc. Not Disclosed
Announced Date
August 08,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
203
Asset/Basin:
{"Permian Basin","Midland Basin"}
TargetZones:
{"Upper Wolfcamp","M
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Permian
Country
United States
State
Texas
County
Glasscock ,Reagan ,Irion
Play
Calculated Metrics( EV/Category)
$/ Acre
$/Location
Transaction Details: Require Private Equity Subscription
Since the beginning of the second quarter of 2014 to date, the Company acquired or entered into agreements to acquire 9,741 net acres in the Midland Basin for approximately $203 million. The addition of this acreage furthers the Company’s strategy of efficiently developing its Permian-Garden City asset with high working interest, long lateral horizontal wells.
In Reagan County, approximately 6,900 of the new net acres are adjacent to the Company’s full-scale development area and combine with existing leasehold to bring the Company’s working interest in the leases to approximately 100%. The…
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-02-2026 |
-  |
- |
Click here | Texas | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-30-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-27-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-04-2024 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-12-2024 | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction | - |
- |
| Jan-04-2024 | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal | - |
- |
| Dec-15-2023 | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map | - |
- |