One-Page Deal Sheet
Mid-Con Petroleum LLC Acquires Interest in Eastern Kansas Leases
Mid-Con Petroleum LLC, Viking Investments Group Inc Not Disclosed
Announced Date
October 05,2016
Close Date
October 04,2016
Transaction Type
Working Interest
Enterprise Value (EV)($MM)
1
Asset/Basin:
{"Cherokee Basin"}
TargetZones:
{"Cherokee Formation
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent
Country
United States
State
Kansas
County
Miami ,Franklin
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Viking Investments Group, Inc. has acquired additional working interests in oil and gas-related leases in Eastern Kansas.
Viking, through wholly-owned subsidiary Mid-Con Petroleum, LLC, a Kansas limited liability company, completed an acquisition whereby the company:
(i) increased its working interest in three existing oil and gas leases in Miami and Franklin Counties in Eastern Kansas; and (ii) acquired a working interest in four new oil and gas leases in the same region, comprising approximately 660 acres of property. Viking's working interest in the new leases, known as the ABC…United States Deal Activity In Last 12 Months
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