One-Page Deal Sheet
Penn Virginia Acquires Eagle Ford Acreage
Penn Virginia Corp Not Disclosed
Announced Date
August 12,2010
Transaction Type
Property
Enterprise Value (EV)($MM)
31
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Gonzales
Play
Calculated Metrics( EV/Category)
$/ Acre
$/Location
Transaction Details: Subscribe to see
Penn Virginia Corporation announced that it has acquired approximately 6,800 net Eagle Ford Shale acres located primarily in Gonzales County, Texas for $31.1 million.
The acquisition was funded with cash on hand. The acreage is highly contiguous and is estimated to contain over 40 horizontal well locations, with our working interest averaging approximately 73 percent (net revenue interest averaging approximately 55 percent).
We will operate and expect reserves from wells on the acreage to be predominantly oil. Management Comments A. James Dearlove, President and Chief Executive Officer…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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- |
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 |
- |
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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 | - |
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