One-Page Deal Sheet
Penn Virginia Bolts On Eagle Ford Property in $86MM
Penn Virginia Corp Hunt Oil Company
Announced Date
January 02,2018
Close Date
March 01,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
86
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford"}
Net Acres
% Oil:
Net Operated Locations:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Lavaca ,Gonzales
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Penn Virginia has inked a deal to acquire Eagle Ford assets for $86 million in cash from Hunt Oil Co.
This deal closed on March 1, 2018.
This deal expands Penn Virginia's Eagle Ford holdings by 13% and increases the company's operated net Eagle Ford acreage from 93% to more than 99%.
As a result of this deal, Penn Virginia has increased its 2018 Capex to $320-360 million as well as its production guidance to 22,000…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($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 | - |
- |