One-Page Deal Sheet
Lario Picks Up 10,000 Net Acres in the Midland Basin
Lario Oil & Gas Trail Ridge Energy Partners II LLC
Announced Date
January 24,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
345
Asset/Basin:
{"Permian Basin","Midland Basin","Northern Midland Basin"}
TargetZones:
{Spraberry,Wolfcamp}
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Permian - Northern Midland Basin
Country
United States
State
Texas
County
Midland ,Martin
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Update March 20, 2017
Shale Experts discovered that Trail Ridge Energy Partners II LLC sold the property.
January 24, 2017
Lario Oil & Gas Company has entered into multiple agreements with Trail Ridge Energy Partners II LLC a portfolio company of Trilantic Capital Partners and Riverstone Holdings and other sellers to purchase over 10,000 net acres primarily in Midland and Martin Counties, Texas for approximately $345 million.
According to Trail Ridge Energy Partners II LLC,
Current net production from the assets is approximately 1,850 boe/d and includes hundreds of drilling locations in…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Aug-03-2017 |
-  |
- |
Click here | Texas | E&P |
| Jul-27-2017 |
- |
- |
Click here | Texas | E&P |
| Jun-20-2017 |
- |
- |
Click here | Texas | E&P |
| Apr-03-2017 |
- |
- |
Click here | Texas | E&P |
| Apr-03-2017 |
- |
- |
Click here | Texas | E&P |
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