One-Page Deal Sheet
Vanguard Natural Resources Acquires Permian Basin Property
Vanguard Natural Resources, Llc Apache Corp
Announced Date
December 21,2007
Effective Date
October 01,2007
Close Date
January 31,2008
Transaction Type
Property
Enterprise Value (EV)($MM)
73
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
New Mexico
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Subscribe to see
Vanguard Natural Resources, LLC today announced it has consummated its previously announced acquisition of oil and natural gas producing properties from Apache Corporation for an adjusted purchase price of $73.4 million, subject to customary post-closing adjustments. The effective date of the acquisition was October 1, 2007.
The acquired properties are all located in the Permian Basin of West Texas and Southeast New Mexico, and include:
-- Estimated proved reserves of 4.4 MMboe
-- 90% proved developed
-- 83% oil
-- Reserve to production ration of approximately 15 years
-- Approximately 800…
Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Sep-02-2025 |
- |
- |
Click here | Texas | E&P |
| May-07-2025 |
- |
- |
Click here | New Mexico | E&P |
| May-03-2025 |
- |
- |
Click here | New Mexico | E&P |
| Nov-13-2024 |
- |
- |
Click here | New Mexico | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
- |
| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
- |
| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
- |