Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

PetroQuest Acquires Mississippi Lime Acreage

Petroquest Energy Inc. Not Disclosed
AnnouncedSep 13, 2011
TypeProperty
LocationMississippi Lime
Announced Date
September 13,2011
Close Date
September 13,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
24




Snapshot
Asset/Basin:
{"Mississippian Lime"}
TargetZones:
{"Mississippian Lime
Net Acres
Location
Region
Mid-Continent

Country
United States

State
Oklahoma

County
Pawnee ,Grant ,Kay

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

PetroQuest Energy, Inc., announced that the Company has closed its Mississippian Lime acquisition of 28,250 acres for an adjusted purchase price of $24,100,000. The acreage is located in Pawnee County, Oklahoma and has approximately 50 Boe/d of production and five saltwater disposal wells. Approximately 4,500 of the 28,250 acres are held by production with the remaining acreage subject to multi-year leases.

Subsequent to the closing of this acquisition, the Company sold a 50% working interest in the Pawnee County acreage for approximately $14,500,000. After completing this acquisition and…



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-27-2025 - - Click here Texas  E&P
Jul-29-2024 - - Click here Oklahoma  E&P
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
Mar-02-2022 BCE-Mach Picks Up Midcontinent Assets for $66.5MM; STACK, MissLime - -
Feb-07-2018 Chesapeake Quietly Exits the MissLime; Sells Assets for $500MM - -
Oct-08-2016 Fairway Resources Partners Scores 223,000 Net Acres In The Anadarko Basin - -