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

One-Page Deal Sheet

Riverbend Energy Group Sells Off Non-Op Oil & Gas Subsidiaries for $1.8B

Undisclosed Riverbend Oil & Gas
AnnouncedJun 21, 2022
TypeCorporate
LocationBakken Shale & Three Forks,Utica Shale,Haynesville Shale,Fayetteville Shale
Announced Date
June 21,2022
Effective Date
May 01,2022
Close Date
August 22,2022
Transaction Type
Corporate
Enterprise Value (EV)($MM)
1800




Snapshot
Asset/Basin:
["Bakken/Three Forks", "Utica", "Fayetteville", "Haynesville"]
TargetZones:
["Bakken", "Three Fo
Location
Region
Ark-La-Tex,Northeast - Appalachia,Williston Basin

Country
United States

Play
Bakken Shale & Three Forks,Utica Shale,Haynesville Shale,Fayetteville Shale


Production
Production
Require Private Equity Subscription


Calculated Metrics( EV/Category)
$/ Flowing
Require Private Equity Subscription

Transaction Details:  Require Private Equity Subscription

Riverbend Energy Group has sold all of the equity interests in Riverbend Oil & Gas VI LLC, Riverbend Oil & Gas VI-B LLC and Riverbend Oil & Gas VIII LLC, for total consideration of $1.8 billion.

The transaction closed on August 22, 2022, and has an effective date of May 1, 2022.

Deal Details: The divested portfolios represent a substantial, diversified asset base of non-operated interests across the Bakken/Three Forks, Utica, Fayetteville and Haynesville. These properties produced approximately 47,000 BOEPD from over 11,000 wells.

Of Riverbend's five (5) currently active traditional…


Source : Require Private Equity Subscription



Price History


Date Deal Headline Price$/acre
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM - -
Jul-08-2024 Devon To Acquired PE-Backed Grayson Mill For $5 Billion - -
Feb-21-2024 Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company - -