One-Page Deal Sheet
PetroQuest Sells Off Gulf of Mexico Assets
Not Disclosed Petroquest Energy Inc.
Announced Date
February 02,2018
Effective Date
December 01,2017
Close Date
January 31,2018
Transaction Type
Property
Location
Region
Gulf of Mexico
Country
United States
Play
Production & Reserves Production
Production Mix
Reserves
Transaction Details: Subscribe to see
PetroQuest has announced the sale of its Gulf of Mexico properties to an undisclosed buyer.
Transaction terms were not disclosed.
Asset Highlights: Q4 2017 production of 26.1 MMcfe/d (75% gas) (the Company estimates net daily production for January 2018 to be approximately 13.8 MMcfe/d (24% oil, 71% gas and 5% NGL), or 47% below the fourth quarter 2017 rate) Estimated proved reserves attributable to the Sold Assets totaled approximately 11 Bcfe (100% proved developed) with estimated pre-tax discounted future net cash flows (PV-10) of approximately ($2.4) million, using SEC pricing…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-15-2024 |
-  |
- |
Click here | Louisiana | E&P |
| Sep-22-2022 |
- |
- |
Click here | E&P | |
| May-25-2022 |
- |
- |
Click here | E&P | |
| Apr-05-2022 |
- |
- |
Click here | Gulf of Mexico | E&P |
| Jan-10-2022 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-15-2024 | Talos Acquires QuarterNorth Energy For $1.2 Billion | - |
- |
| Sep-22-2022 | Talos to Acquire GOM-Focused EnVen Energy for $1.1 Billion Cash/Stock | - |
- |
| Jan-10-2022 | W&T Acquires GOM Assets, Operatorship for $30.2MM in Cash | - |
- |