Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Yuma to Acquire East Texas E&P Davis Petroleum

Yuma Energy, Inc. Davis Petroleum Acquisition Corp.
AnnouncedFeb 10, 2016
TypeCorporate
LocationEaglebine/Woodbine
Announced Date
February 10,2016
Close Date
October 26,2016
Transaction Type
Corporate




Snapshot
Asset/Basin:
{"Gulf Coast"}
TargetZones:
{"Eagle Ford",Eagleb
Proved Reserves

Location
Region
Gulf Coast - Southeast Texas

Country
United States

State
Texas

Play


Production & Reserves
Production

Reserves


Transaction Details:  Require Private Equity Subscription

Yuma Energy, Inc. and privately held Davis Petroleum Acquisition Corp. jointly announced today that they have entered into a definitive merger agreement for an all-stock transaction.

Upon completion of the transaction, which is subject to the approval of stockholders of both companies, Davis will become a wholly owned subsidiary of Yuma.

Sam L. Banks, Chairman and Chief Executive Officer of Yuma, said: "We believe the combination of these two companies is a compelling value transaction for each company's owners and look forward to working with Davis and its Board of Directors to complete the…



Other Gulf Coast - Southeast Texas Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Dec-27-2019 - - Click here Texas  E&P
Jul-31-2017 - - Click here Texas  E&P
May-11-2017 - - Click here Texas  E&P
Feb-23-2017 - - Click here Texas  E&P
Jan-25-2017 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
May-11-2017 WildHorse Acquires Eaglebine/Woodbine Property From Anadarko/KKR for $625MM - -
Feb-23-2017 WildHorse Bolt-On East Texas Eagle Ford Acreage - -
Oct-24-2016 Clayton Williams Sells Eaglebine / Giddings Asset for $400 Million - -