One-Page Deal Sheet
Validus Energy Continues Buying Spree, Takes Out Anadarko Basin-Focused 89 Energy III
Validus Energy 89 Energy III
Announced Date
March 24,2025
Close Date
March 24,2025
Transaction Type
Asset
Enterprise Value (EV)($MM)
850
Asset/Basin:
["Anadarko Basin", "SCOOP", "STACK"]
TargetZones:
[]
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Validus Energy, a porfolio company Elliott Investment Management, agreed to acquire 89 Energy III for approximately $850 million, including debt, according to sources cited by Reuters. The acquisition includes ~25,000 BOEPD (30% oil, 60% liquids) , 80% operated and 65,000 net acres according to 89 Energy's webiste., strengthening its footprint in the Anadarko shale basin of Oklahoma. This move positions Validus as one of the largest private operators in the U.S. Mid-Continent region, a basin seeing renewed deal activity due to rising natural gas demand and investor interest linked to…
Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-17-2026 |
-  |
- |
Click here | Oklahoma | E&P |
| Sep-09-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Aug-07-2025 |
- |
- |
Click here | Oklahoma | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Jul-28-2022 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-17-2026 | Ovintiv Sells Anadarko Assets for $3 Billion | - |
- |
| Sep-09-2025 | Diversified Energy Acquires Canvas Energy for $550MM | - |
- |
| Aug-07-2025 | Flywheel Energy Acquires ConocoPhillips' Oklahoma Anadarko Basin Assets for $1.3B | - |
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