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Laredo Ups Ante in Howard County, TX; Bolts On Acreage
Announced Date
October 23,2020
Net Acres
2,758
Location Count
12
Transaction Type
Property
Buyer
Seller
Not Disclosed
Price Per BOE $
40,000
Source Documents:
Location
Region
Permian - Midland Basin
Country
United States
State
Texas
County
Howard
Play
Production Production
210 Boe/d
Production Mix
80 % Oil
Transaction Details:
Laredo Petroleum has announced a bolt-on acreage deal deal in Howard County, TX.
The seller or deal terms were not disclosed.
Acquisition includes:
- Acreage: 2,758 net acres in Howard County, TX
- Drilling Locations: a total of 12, 10,000-foot locations (12 wells per unit assumption) - there could be 25 additional locations as units are formed
- Production: 210 BOEPD (80% oil)
This increases the Company's position to 11,299 net acres.
Permian - Midland Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-12-2024 |
-  |
- |
Click here | Texas | E&P |
| Dec-11-2023 |
- |
- |
Click here | Texas | E&P |
| Sep-13-2023 |
- |
- |
Click here | Texas | E&P |
| Jun-20-2023 |
- |
- |
Click here | Texas | E&P |
| Apr-03-2023 |
- |
- |
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 $450 Million : Map | - |
- |
Other Laredo Petroleum Inc. Deals
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-14-2023 |
- |
- |
Click here | Texas | E&P |
| Aug-17-2022 |
- |
- |
Click here | Texas | E&P |
| Sep-20-2021 |
- |
- |
Click here | Texas | E&P |
| May-10-2021 |
- |
- |
Click here | Texas | E&P |
| May-10-2021 |
- |
- |
Click here | Texas | E&P |