One-Page Deal Sheet
Lynden Drops Wolfberry Wells in Deal with BreitBurn
Breitburn Energy Partners L.P. Lynden Energy Corp.
Announced Date
December 20,2013
Effective Date
December 30,2013
Close Date
December 30,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
19
Location
Calculated Metrics( EV/Category)
Region
Permian
Country
United States
State
Texas
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - December 30, 2013
Lynden Energy Corp.'s wholly owned subsidiary, Lynden USA Inc., has completed the previously reported sale of 12 gross (4.7 net) Wolfberry Project wells and underlying leases covering approximately 1,000 gross acres (403 acres net to Lynden USA) for proceeds of US$19.3 million, subject to customary post-closing adjustments, to BreitBurn Energy Partners L.P. of Los Angeles, California.
Initial Announcement - December 20, 2013Lynden Energy Corp. reports that the Company's wholly owned subsidiary, Lynden USA Inc., has entered into a definitive agreement…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-11-2012 | Lynden Letting Go of Permian Wolfberry Interest | -  |
- |
| May-11-2012 | BreitBurn Energy Partners Acquires Wolfberry Oil and Gas Properties | - |
- |
| Feb-10-2012 | Energen Buys Undeveloped Wolfberry Package; Reduces San Juan Investment | - |
- |