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One-Page Deal Sheet

Unit Corporation to Acquire Texas Panhandle Assets From Noble Energy

Unit Corp. Noble Energy, Inc.
AnnouncedJul 12, 2012
TypeProperty
LocationGranite Wash,Panhandle,Granite-Cleveland-Tonkawa
Announced Date
July 12,2012
Effective Date
April 01,2012
Close Date
September 17,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
617




Snapshot
Asset/Basin:
{"Anadarko Basin"}
TargetZones:
{"Granite Wash",Clev
Net Acres
% Oil:

Net Operated Locations:

Proved Reserves

Location
Region
Mid-Continent

Country

Country
United States

State
Oklahoma

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Subscribe to see

Unit Corporation has entered into an agreement to acquire certain oil and natural gas assets from Noble Energy, Inc. that include approximately 84,000 net acres primarily in the Granite Wash, Cleveland, and Marmaton plays in western Oklahoma and the Texas Panhandle, for $617.1 million in cash, subject to certain possible adjustments.

The effective date of this acquisition is April 1, 2012, and closing is anticipated to be in September 2012, subject to customary closing conditions. As of the effective date, the estimated proved reserves of the subject properties is 44 million barrels of oil…



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Price History



Date Deal Headline Price$/acre
Nov-13-2023 Mach Acquires Anadarko Assets from PE-Backed Paloama Partners - -
Jul-31-2018 Penn Virginia Sells Off Oklahoma Assets to Undisclosed Buyer - -
Oct-08-2016 Fairway Resources Partners Scores 223,000 Net Acres In The Anadarko Basin - -