One-Page Deal Sheet
Noble Energy Expands DJ Basin Position With Asset Acquisition
Noble Energy, Inc. Petro-Canada Resources, Suncor Energy-Natural Gas-America Inc
Announced Date
January 06,2010
Close Date
March 01,2010
Transaction Type
Property
Enterprise Value (EV)($MM)
494
Asset/Basin:
{"DJ Basin","Wattenberg field"}
TargetZones:
{Codell,Niobrara}
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Rockies - DJ Basin
Country
United States
State
Colorado
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Noble Energy, Inc. announced that it has entered into a definitive agreement to acquire substantially all of the Rockies upstream assets of Petro-Canada Resources (USA) Inc. and Suncor Energy (Natural Gas) America Inc. for $494 million.
The Company estimates total proved reserves to be 53 million barrels of oil equivalent (MMBoe), 45 percent of which are liquids and 80 percent within the liquid-rich Wattenberg field, Noble Energy's largest onshore U.S. asset. The acquisition will add about 10 thousand barrels of oil equivalent per day (MBoe/d) or 46 million cubic feet of natural gas and 2,500…
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
-  |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-11-2024 |
- |
- |
Click here | Colorado | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Feb-28-2022 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-18-2025 | JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources | - |
- |
| Jan-11-2024 | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | - |
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| Feb-28-2022 | PDC Acquires DJ Basin E&P Great Western in $1.3B Deal | - |
- |