One-Page Deal Sheet
Parsley to Bolt On Acreage in the Midland Basin for $402 Million
Parsley Energy Inc. Not Disclosed
Announced Date
January 10,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
402
Asset/Basin:
{Permian,"Midland Basin"}
TargetZones:
{"Wolfcamp A","Wolfc
Net Acres
Net Operated Locations:
Location
Calculated Metrics( EV/Category)
Region
Permian - Northern Midland Basin
Country
United States
State
Texas
County
Upton ,Reagan ,Glasscock ,Midland
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Parsley has announced a new acquisition in the Midland Basin.
Details:
Approximately 25,200 gross / 17,800 net leasehold acres in Upton, Reagan, Glasscock, and Midland Counties, TX for approximately $402 million Estimated current net production of approximately 1,200 Boe per day Approximately 230 net horizontal drilling locations in the Wolfcamp A, Wolfcamp B, and Lower Spraberry target intervals, with additional locations in less developed intervals and potential upside from tighter spacing and additional flow units in primary target intervalsThe deal scheduled to close on or…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Aug-03-2017 |
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| Jul-27-2017 |
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| Jun-20-2017 |
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| Apr-03-2017 |
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| Apr-03-2017 |
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