One-Page Deal Sheet
Marathon Oil Corporation Announces $3.5 Billion Acquisition of Eagle Ford Shale Assets
Marathon Oil Corp Hilcorp Energy Company
Announced Date
June 01,2011
Effective Date
May 01,2011
Close Date
November 01,2011
Transaction Type
Corporate
Enterprise Value (EV)($MM)
3500
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Atascosa ,Karnes ,Gonzales ,DeWitt
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Marathon Oil Corporation announced it has reached a definitive agreement with Hilcorp Resources Holdings, LP to purchase its assets in the core of the Eagle Ford shale formation in Texas in a transaction valued at $3.5 billion subject to closing adjustments, customary terms and conditions, and Hart-Scott-Rodino approval. Hilcorp Resources Holdings is a partnership between affiliates of Hilcorp Energy Company and Kohlberg Kravis Roberts & Co. LP. Along with other transactions expected to close by the end of 2011, Marathon's Eagle Ford acreage position is expected to more than double to 285,000…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
-  |
- |
Click here | Texas | E&P |
| Jan-08-2026 |
- |
- |
Click here | Texas | E&P |
| Dec-05-2024 |
- |
- |
Click here | Texas | E&P |
| May-16-2024 |
- |
- |
Click here | Texas | E&P |
| Nov-03-2022 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |