One-Page Deal Sheet
Vitesse Acquires Bakken Wells, Acreage from EnerVest
Vitesse Energy Enervest Ltd.
Announced Date
August 01,2014
Close Date
September 08,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
187
Asset/Basin:
{"Williston Basin"}
TargetZones:
{Bakken,"Three Forks
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Williston Basin
Country
United States
State
North Dakota
County
McKenzie ,Mountrail
Play
Calculated Metrics( EV/Category)
$/ Acre
$/Location
Transaction Details: Require Private Equity Subscription
Vitesse Energy, LLC, a subsidiary of Leucadia National Corporation, has reported the acquisition of non-operated oil and gas assets in the Williston Basin from EnerVest Operating, LLC.
The assets acquired include a working interest in approximately 600 wells and over 19,000 net acres primarily in Williams, McKenzie and Mountrail counties for a preliminary purchase price of $186.5 million, subject to customary post-closing adjustments.
The purchase and sale agreement was originally signed on August 1, 2014 and the acquisition closed on September 8, 2014.
Bob Gerrity, CEO, remarked, "This…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | -  |
- |
| Jul-08-2024 | Devon To Acquired PE-Backed Grayson Mill For $5 Billion | - |
- |
| Feb-21-2024 | Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company | - |
- |