One-Page Deal Sheet
QEP Resources Acquires Martin County Acreage For $732 Million
QEP Resources, Inc. Jm Cox Resources Lp
Announced Date
July 27,2017
Effective Date
September 01,2017
Close Date
October 24,2017
Transaction Type
Acreage
Enterprise Value (EV)($MM)
732
Asset/Basin:
{Permian,"Midland Basin"}
TargetZones:
{"Middle Spraberry",
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Permian - Northern Midland Basin
Country
United States
State
Texas
County
Martin
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
QEP Energy Company, is acquiring oil and gas properties in the Permian Basin for an aggregate purchase price of $732 million, subject to customary purchase price adjustments. The Shale Experts confirmed that the seller is JM Cox Resources.
The Acquisition properties, located in the core of the northern Midland Basin, consist of approximately 13,800 net acres in Martin County, TX. The Company has identified over 730 potential horizontal drilling locations on the acreage over four horizons - Middle Spraberry, Spraberry Shale, Wolfcamp A and Wolfcamp B - with further upside potential from…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Aug-03-2017 |
-  |
- |
Click here | Texas | E&P |
| Jun-20-2017 |
- |
- |
Click here | Texas | E&P |
| Apr-03-2017 |
- |
- |
Click here | Texas | E&P |
| Apr-03-2017 |
- |
- |
Click here | Texas | E&P |
| Mar-15-2017 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-12-2024 | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction | - |
- |
| Jan-04-2024 | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal | - |
- |
| Dec-15-2023 | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map | - |
- |