One-Page Deal Sheet
Penn Virginia Sells Eagle Ford Asset
Not Disclosed Penn Virginia Corp
Announced Date
October 06,2015
Close Date
October 06,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
13
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Gonzales
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Penn Virginia Corporation has sold certain non-core South Texas assets to an undisclosed buyer for gross cash proceeds of $13 million.
The divested properties are located in far southwest Gonzales County, Texas, a significant distance away from our main acreage block, and include three producing wells with September 2015 net production of approximately 250 barrels of oil equivalent (BOE) per day, approximately 950 net developed acres and estimated mid-year 2015 proved developed reserves, as determined by third party engineers, of approximately 595,000 BOE.
Following the sale, we still hold…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($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 | - |
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