One-Page Deal Sheet
Whiting Sells Permian CO2/Waterfloods For $300 Million
Four Corners Petroleum II LLC Whiting Petroleum Corp.
Announced Date
July 27,2016
Effective Date
July 01,2016
Close Date
July 27,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
300
Asset/Basin:
{Permian}
Location
Calculated Metrics( EV/Category)
Region
Permian
Country
United States
State
Texas
County
Ward ,Winkler
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Require Private Equity Subscription
On July 27, Whiting Petroleum closed the sale of its North Ward Estes field and associated assets located in Ward and Winkler Counties, Texas to Four Corners Petroleum II LLC
The cash purchase price was $300 million, subject to certain closing and post-closing adjustments. In addition to the cash purchase price, the buyer will pay Whiting $100,000 for every one cent ($0.01) the average of the NYMEX WTI crude oil futures contract price for the period of August 2018 through July 2021 is above $50.00 on June 28, 2018, up to a maximum amount of $100 million .
The effective date of the sale is…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-02-2026 |
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| Nov-03-2025 |
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| Jan-30-2025 |
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| Jan-27-2025 |
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| Jan-04-2024 |
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
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| Feb-18-2026 |
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| Feb-02-2026 |
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| Jan-16-2026 |
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| Jan-08-2026 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | -
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| Feb-02-2026 | Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank | -
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| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | -
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