One-Page Deal Sheet
PE-Backed Ensign Acquires Eagle Ford Asset from Pioneer in $475MM Deal
Ensign Natural Resources LLC Pioneer Natural Resources Co.
Announced Date
May 07,2019
Close Date
May 06,2019
Transaction Type
Property
Enterprise Value (EV)($MM)
475
Asset/Basin:
{"Eagle Ford Shale"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Live Oak ,De Witt ,Bee ,Lavaca ,Karnes
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
PE-backed Ensign Natural Resources LLC has acquired Eagle Ford acreage in South Texas from Pioneer Natural Resources USA, Inc.
The purchase price was not disclosed in the press release, but the Houston Chronicle is reporting that the deal value is $475 million.
Assets include: 59,000 net acres in Bee, DeWitt, Karnes, Lavaca and Live Oak counties, TX Current production of 14,400 BOEPDBMO Capital Markets acted as exclusive financial advisor and Kirkland & Ellis LLP acted as legal counsel to Ensign. In addition, BMO Capital Markets, along with Citigroup Global Markets Inc., provided an…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
-  |
- |
Click here | Texas | E&P |
| Jan-08-2026 |
- |
- |
Click here | Texas | E&P |
| Dec-05-2024 |
- |
- |
Click here | Texas | E&P |
| May-16-2024 |
- |
- |
Click here | Texas | E&P |
| Nov-03-2022 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |