One-Page Deal Sheet
Penn Virginia Corporation Announces Eagle Ford Leasehold Acquisition
Penn Virginia Corp Not Disclosed
Announced Date
February 23,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
15
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
PVA also announced that it has acquired approximately 4,100 additional net Eagle Ford Shale acres in Gonzales County, Texas for $14.5 million in cash. We expect that our partner in our initial Eagle Ford Shale acquisition will purchase up to a one-sixth working interest, or approximately 700 net acres, in the newly acquired acreage.
The acquisition brings our net Eagle Ford Shale acreage, all believed to be in the volatile oil window, to approximately 10,900 net acres (10,200 net acres, assuming our partner purchases a one-sixth working interest). The acquired leasehold is in the vicinity…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($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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