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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



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
Sep-13-2023 Vital Energy Spends $1.1 Billion to Acquires Assets from Three Permian Cos. - -
Aug-21-2023 Permian Resources Acquires Earthstone Energy - -
Jun-20-2023 Civitas Resources Acquires PE-Backed Tap Rock for $2.5 Billion - -

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