One-Page Deal Sheet
NP Resources Acquires Bakken/Three Forks Assets; 89,500 Acres
NP Resources LLC Whiting Petroleum Corp.
Announced Date
January 15,2016
Close Date
January 14,2016
Transaction Type
Property
Asset/Basin:
{"Williston Basin"}
TargetZones:
{Bakken,"Three Forks
Net Acres
Net Operated Locations:
Location
Region
Williston Basin
Country
United States
State
North Dakota
County
Billings ,Golden Valley ,McKenzie
Play
Production Production
Production Mix
Transaction Details: Require Private Equity Subscription
NP Resources, LLC, a venture between NPR Management Holdings, LLC of Denver, Colorado and Vortus Investments of Fort Worth, Texas has acquired certain assets from Whiting Petroleum and other sellers in Billings, Golden Valley, and McKenzie Counties, North Dakota.
Even though the company did not disclose who the seller is, Shale Experts used its mapping and well database to determine that the seller was Whiting petroleum.
Williston Basin Acquisition Highlights: 89,500 net acres, 81.5% average working interest 72,250 net acres HBP for development and 17,339 undeveloped net acres 53 operated…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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| Jan-31-2024 |
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| Sep-06-2022 |
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| Jul-11-2022 |
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| Date | Deal Headline | Price | $/acre |
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