One-Page Deal Sheet
SRC Energy Ups Ante in the DJ Basin; 30,200 Acres for $568MM
SRC Energy Inc Noble Energy, Inc.
Announced Date
November 08,2017
Close Date
December 18,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
568
Location
Calculated Metrics( EV/Category)
Region
Rockies - DJ Basin
Country
United States
State
Colorado
County
Weld
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
SRC Energy has agreed to acquire undeveloped land / non-op production in Weld County, Colorado from Noble Energy for $568 million.
Transaction Details:
Approximately 30,200 net acres adjacent to and south of the Company’s existing acreage in Weld County, Colorado Multiple development pads already permitted High working interest throughout the acreage block Substantially all leasehold is held by production Over 600 gross locations supporting mid- or long-lateral design Third quarter 2017 estimated net daily production from the non-operated properties was ~2,500 BOE/dThe acreage to be…
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
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| Nov-03-2025 |
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| Jan-11-2024 |
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| Sep-06-2022 |
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| Feb-28-2022 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-18-2025 | JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources | - |
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| Jan-11-2024 | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | - |
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| Feb-28-2022 | PDC Acquires DJ Basin E&P Great Western in $1.3B Deal | - |
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