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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Parallel Petroleum Corporation Acquired by Apollo Global Management LLC

Not Disclosed Not Disclosed
AnnouncedSep 15, 2009
TypeCorporate
Announced Date
September 15,2009
Close Date
November 25,2009
Transaction Type
Corporate
Enterprise Value (EV)($MM)
483




Snapshot
Asset/Basin:
{"Permian Basin","Barnett Shale"}
TargetZones:
{Wolfcamp,"Barnett S
% Oil:

Location
Country
United States

State
Texas


Transaction Details:  Require Private Equity Subscription


Source : Require Private Equity Subscription

United States Deal Activity In Last 12 Months



Other United States Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-10-2026 - - Click here Texas  E&P
Feb-18-2026 - - Click here Texas  E&P
Feb-02-2026 - - Click here Texas  E&P
Jan-16-2026 - - Click here Texas  E&P
Jan-08-2026 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Feb-18-2026 SM Energy Sells Eagle Ford Asset for $950 Million -   15,574
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank -   32,229
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM -   8,172