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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Peregrine Petroleum Dives into Anadarko Basin via Asset Deal

Peregrine Petroleum Llc Primary Natural Resources Iii Llc, Quantum Energy Partners
AnnouncedDec 20, 2013
TypeProperty
LocationTonkawa Play,Panhandle,Marmaton Oil Play,Granite-Cleveland-Tonkawa
Announced Date
December 20,2013
Close Date
December 19,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
336




Snapshot
Asset/Basin:
{"Anadarko Basin"}
TargetZones:
{Cleveland,"Lower Cl
Net Acres
Location
Region
Mid-Continent

Country
United States

State
Oklahoma

County
Ellis ,Roger Mills

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Require Private Equity Subscription

Closing Announcement - December 24, 2013

Quantum Energy Partners has reported that Primary Natural Resources III, LLC, a portfolio company led by CEO Rich Talley, has closed the sale of its producing and undeveloped assets located in Ellis and Roger Mills Counties in Western Oklahoma for $336 million.

Quantum made its initial investment in Primary in 2008, partnering with Talley, a proven entrepreneur with a highly successful track record of building private equity-backed companies. Primary is a Tulsa-based company focused on acquiring, exploiting and developing assets in the Mid-Continent…



Other Mid-Continent Region's Deals



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Mar-02-2022 - - Click here Oklahoma  E&P
Nov-10-2021 - - Click here Texas  E&P
May-18-2021 - - Click here Oklahoma  E&P

Price History



Date Deal Headline Price$/acre
Jul-01-2015 FourPoint to Bolster Anadarko Position in Deal with Chesapeake - -
Nov-26-2013 Jones Energy Bolts On Marmaton, Tonkawa Asset Package - -
Apr-04-2013 Midstates Petroleum to Acquire Anadarko Basin Assets - -