One-Page Deal Sheet
Vanguard Acquires Eagle Ford Shale Acreage from Lewis Energy
Vanguard Natural Resources, Llc Lewis Energy
Announced Date
July 21,2009
Effective Date
July 01,2009
Close Date
August 17,2009
Transaction Type
Property
Enterprise Value (EV)($MM)
52
Location
Region
Gulf Coast - South Texas
Country
United States
State
Texas
Play
Production & Reserves Production
Reserves
Transaction Details: Subscribe to see
Vanguard Natural Resources, LLC announced it has entered into an agreement to acquire producing oil and natural gas properties in South Texas for $52.25 million from an affiliate of Lewis Energy Group, L.P. ("Lewis"). The properties to be acquired have total estimated proved reserves of 27 Bcfe as of July 1, 2009, of which 94% is natural gas and 74% is proved developed. Lewis will operate all of the wells acquired in this transaction. Based on the current net daily production of approximately 5,000 Mcfe, the properties have a reserve to production ratio of approximately 15 years.
Mr. Scott W…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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Click here | Texas | E&P |
| Jan-08-2026 |
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Click here | Texas | E&P |
| Dec-05-2024 |
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Click here | Texas | E&P |
| May-16-2024 |
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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 | - |
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| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
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| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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