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Purchase Price
Purchase Price news and technical articles from Oil & Gas Financial Journal. Search Purchase Price latest and archived news and articles
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Comstock Resources adds acreage prospective for Bone Spring, Wolfcamp Shale development
… Eagle Oil & Gas Co. and certain other parties at a purchase price of $332.7 million. The acquisition includes approximately ..... s bank credit facility and is subject to customary purchase price adjustments and other customary closing conditions …
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Magnum Hunter Resources adds Ohio Utica acreage in expanding oil window
… of leasehold mineral interests located predominately in Noble County, Ohio from an undisclosed seller for a total purchase price of $24.8 million. The Utica Acreage consists of approximately 15,558 gross (12,186 net) acres predominately …
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Apollo to acquire Parallel Petroleum for $483M
… acquired by an affiliate of Apollo Global Management LLC, a global alternative asset manager, for $483 million. The purchase price includes roughly $351 million net indebtedness. Parallel stockholders will receive $3.15 per share in cash …
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Gateway buys Barnett shale gathering system
… Gathering LP and Range Texas Production LLC for a cash purchase price of $3.9 million. The gathering system is located ..... leases for future development. The $3.9 million purchase price was paid with a combination of available cash and …
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PDC Energy to acquire Core Wattenberg assets, accelerate Niobrara development
… Wattenberg assets that contain significant liquid-rich horizontal drilling opportunities from a private party for a purchase price of approximately $330.6 million. The effective date of the transaction is April 1, 2012 with closing scheduled …
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Archer acquires X-it casing exit systems
… milling systems used for casing exits, including controlled directional, multi-lateral and sidetrack drilling. The purchase price was undisclosed. "This acquisition further increases our ability to serve our clients by adding additional unique …
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Marcellus shale activity cools a bit
… system assets in West Virginia for $375 million in cash, plus an earn-out that allows Antero to earn additional purchase price payments up to $40 million based upon annual production levels achieved during 2012 and 2013. The gathering lines …
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Industry Briefs
… wells in a defined portion of the Bakken play pursuant to a participation agreement effective January 1, 2002. The purchase price of $340 million is anticipated to result in the issuance of between 3.90 million and 4.25 million shares of Continental …
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Legacy Reserves acquires Rockies oil
… Sawtooth and Bowes formations. The acquisition is anticipated to close on or about May 23, and is subject to customary purchase price adjustments and closing conditions. Legacy plans to finance this acquisition with borrowings under its existing credit …
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Williams Partners announces $2.5B acquisition in Marcellus Shale
… commitment with respect to a $1.78 billion interim liquidity facility with UBS Investment Bank to fund the full cash purchase price for the acquisition. The acquisition is subject to customary regulatory filings and approvals. The partnership expects …