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Permian Resources Corp.Gmt Exploration Llc- One-Page Deal Sheet

Announced Date
May 01,2017
Close Date
June 08,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
350




Snapshot
Asset/Basin:
{"Delaware Basin"}
TargetZones:
{"Avalon Shale","1st
Net Acres
11,860 ( 67% HBP, 79% Operated )
% Oil:
77 % oil

Source Documents:
   Source Link
   Source Link
Location
Region
Permian - Delaware Basin

Country
United States

State
New Mexico

County
Lea

Play


Production
Production
2,100 Boe/d

Production Mix
77 % Oil


Calculated Metrics( EV/Category)
$/ Flowing
166,667

$/ Acre
29,511

$/Location
1,372,549

Transaction Details: 

NGP-backed Centennial Resource is acquiring GMT Exploration Northern Delaware Basin property for $350 million in cash.  The Deal overview, 11, 860 net acres in Lea County, (79% operated, currently producing 2,100 boe/d (77% oil)

Enlarge Image

Permian - Delaware Basin Deal Activity In Last 12 Months



Other Permian - Delaware Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Sep-02-2025 - - Click here Texas  E&P
May-07-2025 - - Click here New Mexico  E&P
May-03-2025 - - Click here New Mexico  E&P
Nov-13-2024 - - Click here New Mexico  E&P
Jul-30-2024 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Jul-30-2024 Permian Resources Acquires More Delaware Basin Property - -
Jul-28-2024 Vital Energy Acquires Delaware Basin Property From PE-Backed E&P - -
Jun-12-2024 Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion - -

Other Gmt Exploration Llc Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-08-2011 - - Click here Alaska  E&P

Other Permian Resources Corp. Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
May-07-2025 - - Click here New Mexico  E&P
Jul-30-2024 - - Click here Texas  E&P
Aug-21-2023 - - Click here New Mexico  E&P
Jan-17-2023 - - Click here New Mexico  E&P
May-19-2022 - - Click here Texas  E&P