One-Page Deal Sheet
Tanos Acquires East Texas Assets from Conoco, Fidelity
Tanos Energy ConocoPhillips, Fidelity Exploration & Production
Announced Date
May 12,2016
Close Date
May 12,2016
Transaction Type
Property
Asset/Basin:
{Ark-La-Tex}
TargetZones:
{"Cotton Valley",Hos
Net Acres
Transaction Details: Require Private Equity Subscription
Tanos Energy has recently closed on the acquisition of assets located primarily in East Texas and North Louisiana from ConocoPhillips Company and Fidelity Exploration and Production Company and has fully assumed and integrated operations. Concurrent with the closing of the acquisitions, Tanos announced that the Company has received an increased capital commitment to a total of $500 million from Quantum Energy Partners, a leading provider of private equity capital to the global energy industry.
The Assets, located primarily in East Texas and North Louisiana, include approximately 140,000 net…
Ark-La-Tex Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-26-2026 |
-  |
- |
Click here | E&P | |
| Jan-16-2026 |
- |
- |
Click here | Louisiana | E&P |
| Oct-23-2025 |
- |
- |
Click here | Louisiana | E&P |
| Jan-11-2024 |
- |
- |
Click here | West Virginia | E&P |
| Dec-15-2023 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Aug-04-2020 | Range Resources Exits Ark-La-Tex; Sells Lousiana Asset for $245MM | - |
- |
| Nov-19-2018 | PE-back Aethon Acquires QEP's Haynesville Asset For $735 Million | - |
- |
| Jun-29-2018 | Osaka Gas Acquires Haynesville Shale Property | - |
- |