One-Page Deal Sheet
Synergy Resources Agrees to Acquire Leases in the DJ Basin
SRC Energy Inc Declar Oil & Gas, Inc., Wolf Point Exploration, Llc
Announced Date
February 23,2012
Close Date
March 14,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
3
Location
Region
Rockies - DJ Basin
Country
United States
State
Colorado
County
Weld ,Morgan ,Larimer
Play
Transaction Details: Subscribe to see
Synergy Resources Corporation, today announced that it has entered into an agreement to acquire mineral lease interests in approximately 8,700 undeveloped acres in the D-J Basin.
The agreement with DeClar Oil & Gas, Inc. and Wolf Point Exploration, LLC, covers acreage that is located in Weld, Morgan and Larimer Counties, Colorado. Under terms of the agreement, Synergy Resources is required to drill a minimum of two wells over the next two years. The transaction is expected to close on March 15, 2012, subject to due diligence and customary closing adjustments.
Ed Holloway, President of Synergy…
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
-  |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-11-2024 |
- |
- |
Click here | Colorado | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Feb-28-2022 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-18-2025 | JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources | - |
- |
| Jan-11-2024 | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | - |
- |
| Feb-28-2022 | PDC Acquires DJ Basin E&P Great Western in $1.3B Deal | - |
- |