One-Page Deal Sheet
Parsley Energy Acquires Midland Basin Acreage For $2.8 Billion
Parsley Energy Inc. Double Eagle Energy Permian LLC
Announced Date
February 08,2017
Close Date
April 20,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
2800
Asset/Basin:
{"Permian - Midland Basin"}
TargetZones:
{"Lower Spraberry","
Net Acres
% Oil:
Net Operated Locations:
Location
Calculated Metrics( EV/Category)
Region
Permian - Midland Basin
Country
United States
State
Texas
County
Howard ,Dawson ,Reagan ,Midland ,Glasscock ,Martin
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Require Private Equity Subscription
Closing Announcement - April 20, 2017
Parsley Energy has closed the acquisition of certain entities holding undeveloped acreage and producing oil and gas properties in the core of the Midland Basin from Double Eagle Energy Permian LLC and certain of its affiliates for an aggregate purchase price of approximately $2.8 billion, consisting of approximately $1.4 billion in cash and approximately 39.8 million units of Parsley Energy, LLC.
Parsley Energy has made a deal to acquire certain undeveloped acreage and producing oil and gas properties in the core…
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|---|---|---|---|---|---|
| Sep-02-2025 |
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| Feb-26-2025 |
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| Feb-18-2025 |
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| Feb-12-2024 |
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| Dec-11-2023 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
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