One-Page Deal Sheet
Vermilion Acquires Powder River Property for $186 Million
Vermilion Energy Inc. Massif Oil & Gas
Announced Date
October 26,2018
Close Date
September 30,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
186
Asset/Basin:
{"Powder River Basin"}
TargetZones:
{"Muddy formation","
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Rockies - Powder River Basin
Country
United States
State
Wyoming
County
Campbell
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
During the third quarter, Vermilion acquired mineral land and producing assets in the Powder River Basin in Wyoming for total cash consideration of approximately $186 million from Massif Oil & Gas
The Acquisition is comprised of low base decline, light oil-weighted production and high-quality mineral leasehold in the Powder River Basin in Campbell County, Wyoming
The Assets include approximately 55,700 net acres of land (approximately 96% working interest) and approximately 2,500 boe/d (63% oil and NGLs) of production with an estimated annual base decline rate of 13%. Approximately half of…
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|---|---|---|---|---|---|
| Jun-05-2025 |
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| Jan-25-2022 |
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| Nov-30-2020 |
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| Feb-07-2019 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jun-05-2025 | Vermillion Energy Exits US, Sells Power River Basin Asset | - |
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| Feb-17-2021 | Continental Resources Enters the PRB; Inks $215MM Deal | - |
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