One-Page Deal Sheet
PetroQuest Sheds Fayetteville Shale Assets in $9.2MM Deal
Not Disclosed Petroquest Energy Inc.
Announced Date
January 08,2013
Close Date
December 31,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
9
Asset/Basin:
{"Arkoma Basin"}
TargetZones:
{"Fayetteville Shale
Proved Reserves
PV-10 ($MM)
Location
Country
United States
State
Arkansas
Play
Production & Reserves Production
Reserves
Transaction Details: Subscribe to see
PetroQuest Energy Inc. has reported that on December 31, 2012, the Company completed the sale of its Fayetteville Shale assets (100% non-operated) located in Arkansas for net proceeds of approximately $9.2 million, subject to customary post-closing adjustments.
The Company estimates that operating cash flow generated from its Fayetteville assets during 2012 totaled approximately $1.3 million on average daily production of approximately 5 MMcf/d. As of September 30, 2012, the Company estimated that proved reserves associated with the Fayetteville assets totaled approximately 11 Bcf with an…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Sep-04-2018 | Flywheel Acquires Fayetteville Assets from Southwestern For $1.9 Billion | -  |
- |
| Jul-28-2018 | Merit Energy Acquires Entire Fayetteville Portfolio from BHP for $300MM | - |
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| Jun-05-2012 | Antero Resources Announces Closing of Arkoma Basin Asset Sale | - |
- |