One-Page Deal Sheet
Ultra Trades In Marcellus Assets for Shell's Pinedale Portfolio
Ultra Petroleum Corp. Shell plc
Announced Date
August 14,2014
Effective Date
April 01,2014
Close Date
September 25,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
925
Location
Calculated Metrics( EV/Category)
Region
Rockies
Country
United States
State
Wyoming
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Production ($/Mcfe/d)
Transaction Details: Subscribe to see
Closing Announcement - September 25, 2014
Ultra Petroleum Corp. reported the closing of the Pinedale field acquisition from SWEPI, LP (an affiliate of Royal Dutch Shell plc.
Pinedale Asset Overview Initial Announcement - August 14, 2014Ultra Petroleum Corp. has signed a purchase and sale agreement to acquire all Pinedale field properties from SWEPI, LP, an affiliate of Royal Dutch Shell , plc in exchange for a portion of Ultra's Marcellus Shale properties and cash consideration of $925.0 million .
Ultra Petroleum expects to finance the acquisition through the issuance of new debt at…
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-09-2022 | Evolution Petroleum Acquires Gas-Heavy Jonah Field Asset for $26 Million | - |
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