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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Quantum Backed-Koda Resources, QB Energy Gets Caerus Oil Assets For $1.8 Billion

KODA Resources, LLC, QB Energy, Quantum Energy Partners Caerus Oil and Gas Llc
AnnouncedAug 20, 2024
TypeAsset
LocationUinta Basin Play,Piceance Basin
Announced Date
August 20,2024
Transaction Type
Asset
Enterprise Value (EV)($MM)
1800




Snapshot
Asset/Basin:
["Piceance", "Uinta"]
Net Acres
Location
Region
Rockies - Piceance/Uinta

Country
United States

State
Utah

Play



Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Require Private Equity Subscription

Quantum Capital Group and Caerus Oil and Gas a portfolio company of Oaktree Capital Management,The Anschutz Corporation, and Old Ironsides Energy today announced the closing of a transaction under which Quantum, via two separate portfolio companies, has acquired Caerus’ oil and gas operations for approximately $1.8 billion, including the assumption of asset-backed securities and other liabilities.

QB Energy is acquiring the producing upstream assets, gathering and compression midstream assets, approximately 600,000 acres, and all other assets owned by Caerus in the Piceance Basin . QB Energy…



Other Rockies - Piceance/Uinta Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Apr-10-2025 - - Click here Colorado  E&P
Nov-14-2024 - - Click here Utah  E&P
Jun-27-2024 - - Click here Utah  E&P
Jul-06-2022 - - Click here Montana  E&P
Mar-08-2022 - - Click here Wyoming  E&P

Price History



Date Deal Headline Price$/acre
Jun-27-2024 SM Energy, Northern To Acquire PE-Backed XCL Resources - -
Feb-16-2022 Crescent Energy Inks $690MM Cash Deal for EP Energy's Uinta Assets - -
Sep-03-2019 Crescent Point Exits the Uinta in Deal Worth $525 Million - -