One-Page Deal Sheet
U.S. Energy Corp. and Crimson JV Eagle ford and Pearsall Formation
Ageron Energy, LLC Crimson Exploration Inc.
Announced Date
February 22,2011
Effective Date
February 18,2011
Transaction Type
Property
Asset/Basin:
{"Eagle Ford Shale"}
TargetZones:
{"Eagle Ford Shale",
Net Acres
Net Operated Locations:
Location
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Zavala
Play
Transaction Details: Subscribe to see
U.S. Energy Corp., announced that it has entered into a participation agreement with Crimson Exploration to acquire a 30% working interest in an oil prospect and associated leases located in Zavala County, Texas.
Under the terms of the agreement, USE will earn a 30% working interest (22.5% net revenue interest) in approximately 4,675 gross contiguous acres (1,402.5 net mineral acres) through a combination of a cash payment and commitment well carry. All future drilling and leasing will be on a heads up basis. For competitive reasons, the financial terms of the transaction will not be…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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- |
Click here | Texas | E&P |
| Jan-08-2026 |
- |
- |
Click here | Texas | E&P |
| Dec-05-2024 |
- |
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Click here | Texas | E&P |
| May-16-2024 |
- |
- |
Click here | Texas | E&P |
| Nov-03-2022 |
- |
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Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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