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One-Page Deal Sheet

Warren Eyes Position in Oily Monterey Project

Warren Resources Inc. Unocal
AnnouncedAug 5, 2013
TypeProperty
LocationSan Joaquin Basin,Monterey Shale,West Coast
Announced Date
August 05,2013
Transaction Type
Property




Snapshot
Asset/Basin:
{"Santa Maria Valley oil field"}
TargetZones:
{"Monterey formation
Net Acres
Location
Region
West Coast

Country
United States

State
California

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Calculated Metrics( EV/Category)

Transaction Details:  Subscribe to see

Warren Resources Inc. has entered into a definitive Purchase, Sale and Exploration Agreement to acquire an undivided 62.5% working interest in the Leroy Pine Project area consisting of various oil and gas leases covering approximately 1,610 acres of land.

The Leroy Pine Project is located within the Santa Maria Valley oil field in Santa Barbara County, California. This area was developed by Unocal between 1937 and 1994. Unocal drilled 24 wells that produced a total of 6 million barrels of oil before exiting the project.

Warren anticipates drilling 19 producing wells targeting the oil zones of…



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Price History



Date Deal Headline Price$/acre
May-21-2019 Yuma Energy Sells California Assets as it Looks to Pay Down Debt - -
Apr-10-2018 California Resources Acquires San Joaquin Assets from Chevron - -
May-24-2017 LINN Unloads San Joaquin Basin Assets for $263 Million - -