Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

PDC Energy Acquires DJ Basin-Focused Unioil

PDC Energy, Inc. Unioil
AnnouncedDec 1, 2006
TypeCorporate
LocationNiobrara - DJ Basin
Announced Date
December 01,2006
Close Date
December 06,2006
Transaction Type
Corporate
Enterprise Value (EV)($MM)
18




Snapshot
Asset/Basin:
{"DJ Basin"}
Location
Region
Rockies - DJ Basin

Country
United States

State
Colorado

Play



Transaction Details:  Subscribe to see

Petroleum Development Corporation today announced that it has reached an agreement with Unioil, an independent energy company with properties in northern Colorado and southern Wyoming, pursuant to which PDC will make a cash tender offer to acquire all of Unioil’s outstanding shares (9,541,469) for $1.91 per share, for a total transaction cost of $18,224,206 (the "Offer").

Currently, Unioil shareholders who collectively own approximately 82% of Unioil’s outstanding shares, have agreed to tender their shares in the Offer. This acquisition is not considered suitable for treatment as "Like-Kind…

Rockies - DJ Basin Deal Activity In Last 12 Months



Other Rockies - DJ Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
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

Price History



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 - -
Feb-28-2022 PDC Acquires DJ Basin E&P Great Western in $1.3B Deal - -