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Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

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Ring Energy Acquires PE-Backed Stronghold Energy II for $465 Million

Location
Region
Permian - Central Basin

Country
United States

State
Texas

County
Crane

Play


Production & Reserves
Production

Production Mix

Reserves


Multiples
Production ($/boe/d)

$Price/Net Acre

$Price/Adj. Net Acre

$1P Boe

$/Location

Adj. $/acre is based on production @40,000 Boe/d

Transaction Details:  Require Private Equity Subscription


Source : Require Private Equity Subscription

Permian - Central Basin Deal Activity In Last 12 Months



Other Permian - Central Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-28-2022 - - Click here Texas  E&P
May-14-2019 - - Click here Texas  E&P
Feb-26-2019 - - Click here New Mexico  E&P
Nov-05-2018 - - Click here Texas  E&P
Sep-12-2017 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Jan-17-2023 Permian Resources Acquires New Mexico Assets For $98 Million - -
Sep-06-2022 Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion - -
Aug-17-2022 Northern Oil Picks Up Midland Basin Assets for $110 Million in Cash - -

Other Ring Energy Inc. Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-26-2019 - - Click here New Mexico  E&P
Dec-24-2018 - - Click here Texas  E&P
Apr-17-2017 - - Click here Texas  E&P
May-26-2015 - - Click here Texas  E&P
Feb-27-2014 - - Click here Texas  E&P