One-Page Deal Sheet
Pioneer Exits the Barnett Shale Play; Sells Off Assets
Not Disclosed Pioneer Natural Resources Co.
Announced Date
August 04,2014
Effective Date
August 01,2014
Close Date
September 24,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
155
Asset/Basin:
{Barnett}
TargetZones:
{"Barnett Shale"}
Transaction Details: Subscribe to see
Closing Announcement - September 24, 2014
Pioneer Natural Resources Company has closed the previously announced sale of its Barnett Shale assets in North Texas to an undisclosed private party for cash proceeds of $155 million, subject to normal closing adjustments. The transaction has an effective date of August 1, 2014.
The financial and operating results related to Pioneer’s Barnett Shale activities have been reflected as discontinued operations since the fourth quarter of 2013 when Pioneer announced that it planned to sell these assets. Net production from the Barnett Shale averaged…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-10-2014 |
-  |
- |
Click here | Texas | E&P |
| Dec-08-2014 |
- |
- |
Click here | Texas | E&P |
| Nov-21-2014 |
- |
- |
Click here | Tennessee | E&P |
| Nov-21-2014 |
- |
- |
Click here | Texas | E&P |
| Nov-20-2014 |
- |
- |
Click here | Louisiana | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Aug-12-2025 | BKV Acquires More Barnett Shale Assets | - |
- |
| May-19-2022 | Exxon to Sell Barnett Shale Portfolio to BKV for $750 Million | - |
- |
| Dec-18-2019 | Devon Sells Barnett Shale Assets to Kalnin for $830 Million | - |
- |