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One-Page Deal Sheet

QuickSilver and Shell JV To Develop Niobrara Shale

Quicksilver Resources Inc., Shell plc Southwestern Energy Co.
AnnouncedSep 24, 2012
TypeJV
LocationNiobrara Shale
Announced Date
September 24,2012
Close Date
December 28,2012
Transaction Type
JV




Snapshot
Asset/Basin:
{"Sand Wash Basin"}
TargetZones:
{"Niobrara Shale"}
Net Acres
Location
Region
Rockies

Country
United States

State
Colorado

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Transaction Details:  Subscribe to see

Quicksilver Resources Inc. announces the execution of an agreement with SWEPI LP, a subsidiary of Royal Dutch Shell plc, to jointly develop their oil and gas interests in the Sand Wash Basin in Northwest Colorado and to establish an Area of Mutual Interest ("AMI") covering in excess of 850,000 acres in the basin.

The parties will each assign to the other a 50% working interest in the majority of their acreage in the Sand Wash Basin so that each party will own a 50% interest in approximately 330,000 acres and have the right to a 50% interest in any acquisition within the AMI. In addition, the…



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Price History



Date Deal Headline Price$/acre
Sep-06-2022 Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion - -
Dec-14-2020 SandRidge to Sell North Park Niobrara Asset in $47MM Deal - -
Nov-04-2015 SandRidge Signs Deal for Derisked Niobrara Asset; $190 Million - -