One-Page Deal Sheet
Torchlight, Founders Join Forces to Develop Midland Basin Prospect
Founders Oil and Gas LLC Torchlight Energy Resources, Inc.
Announced Date
September 29,2015
Close Date
September 23,2015
Transaction Type
JV
Enterprise Value (EV)($MM)
50
Asset/Basin:
{Permian}
Location
Region
Permian
Country
United States
State
Texas
County
Hudspeth
Play
Transaction Details: Subscribe to see
Source : Subscribe to see
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-02-2026 |
-  |
- |
Click here | Texas | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-30-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-27-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-04-2024 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-02-2026 | Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank | - |
- |
| Nov-03-2025 | SM Energy, Civitas Strike $12.8B All-Stock Merger | - |
- |
| Sep-02-2025 | Crescent Energy Acquires Vital | - |
- |