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One-Page Deal Sheet

Vanguard Sells Off Arkoma, DJ Basin Properties for $14.5MM

Not Disclosed Vanguard Natural Resources, Llc
AnnouncedSep 13, 2018
TypeProperty
Announced Date
September 13,2018
Close Date
October 15,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
15




Snapshot
Asset/Basin:
{Arkoma,"DJ Basin"}
Location
Region
United States

Country
United States

Production
Production

Production Mix


Calculated Metrics( EV/Category)
$/ Flowing

Production ($/Mcfe/d)

Transaction Details:  Subscribe to see

Vanguard Natural Resources has executed a purchase and sale agreement for the sale of its ownership in natural gas properties in the Arkoma basin of Arkansas as well as five wells and associated undeveloped acreage in the DJ Basin (Weld County, CO).

Total gross proceeds for the two transactions is approximately $14.5 million.

The buyer was not disclosed.

The properties include operated and non-operated working interests, with current production of approximately 8 MMcf per day.

Marketing Haynesville Asset

The Company has also begun marketing this week its Greater East Haynesville divestment…

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