One-Page Deal Sheet
Strata-X Bolts On Assets to Existing Vail Oil Project
Strata-X Ltd Not Disclosed
Announced Date
March 06,2014
Close Date
March 25,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
2
Asset/Basin:
{"Illinois Basin"}
TargetZones:
{Mississippian,Devon
Net Acres
PDP PV-10 ($MM)
Location
Calculated Metrics( EV/Category)
Country
United States
State
Illinois
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - March 25, 2014
Strata-X Energy Ltd.'s Purchase and Sale Agreement to acquire 23,595 acres of production and exploration assets in the Illinois Basin has formally closed.
The Acquisition is known as the Copper Mountain Oil Project and is prospective for conventional and unconventional light oil accumulations in shallow Mississippian age formations (from 700 metres depth) as well as the deeper Devonian age formations (~1200 to 1600 metres depth).
Strata-X now owns a 100% net working interest in oil and gas exploration rights on approximately 72,000 net acres covering the…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-10-2014 |
-  |
- |
Click here | Texas | E&P |
| Dec-08-2014 |
- |
- |
Click here | Texas | E&P |
| Nov-21-2014 |
- |
- |
Click here | Tennessee | E&P |
| Nov-21-2014 |
- |
- |
Click here | Texas | E&P |
| Nov-20-2014 |
- |
- |
Click here | Louisiana | 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 |
| Jul-24-2013 |
- |
- |
Click here | Illinois | Service |
| Mar-14-2013 |
- |
- |
Click here | Illinois | Midstream |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jun-14-2016 | Rex Divests Conventional Illinois Basin Assets for $40 Million | -
|
526 |