One-Page Deal Sheet
Rex Energy Acquires Illinois and Indiana Properties
Rex Energy Corp Team Energy, Llc
Announced Date
March 01,2007
Close Date
August 01,2008
Transaction Type
Property
Enterprise Value (EV)($MM)
23
Asset/Basin:
{"Illinois Basin"}
TargetZones:
{"New Albany Shale"}
Location
Country
United States
State
Indiana
Transaction Details: Subscribe to see
Rex Energy Operating Corp. announced today that its affiliated company, Rex Energy III
LLC, has acquired certain of the Illinois basin properties of Team Energy,
L.L.C. and related companies for $22.9 million. The acquired properties are
located in the counties of Gibson and Posey in the state of Indiana, and
the county of Lawrence in the State of Illinois. The acquisition includes
proved reserves of 2.9 million barrels of oil and proved-plus-probable
reserves of 4 million barrels. Rex Energy's team has identified more than
80 drilling locations, 60 re-completions and several waterflood
optimization…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-14-2016 |
-  |
- |
Click here | Indiana | E&P |
| Feb-28-2014 |
- |
- |
Click here | Indiana | Service |
| Aug-25-2008 |
- |
- |
Click here | Indiana | E&P |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Sep-18-2020 |
- |
- |
Click here | Illinois | Service |
| Jun-14-2016 |
- |
- |
Click here | Illinois | E&P |
| Nov-18-2014 |
- |
- |
Click here | Illinois | Midstream |
| Mar-06-2014 |
- |
- |
Click here | Illinois | E&P |
| Jul-24-2013 |
- |
- |
Click here | Illinois | Service |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jun-14-2016 | Rex Divests Conventional Illinois Basin Assets for $40 Million | -
|
526 |
| Aug-25-2008 | Rex Energy Sells Indiana Property | -
|
106 |