M&A Deal Summary |
|
---|---|
Date | 2012-04-11 |
Target | Denbury - Aneth Field |
Sector | Oil/Gas Exploration |
Buyer(s) |
Resolute Energy
Navajo Nation Oil and Gas |
Sellers(s) | Denbury |
Deal Type | Divestiture |
Deal Value | 75M USD |
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Category | Company |
---|---|
Founded | 2004 |
Sector | Energy Services and Equipment |
Employees | 226 |
Revenue | 303M USD (2017) |
Resolute Energy Corp. is an independent oil and gas company focused on the acquisition and development of unconventional oil and gas properties in the Delaware Basin portion of the Permian Basin of west Texas. Resolute Energy was founded in 2004 and is based in Denver, Colorado.
DEAL STATS | # |
---|---|
Overall | 1 of 4 |
Sector (Oil/Gas Exploration) | 1 of 4 |
Type (Divestiture) | 1 of 2 |
Country (United States) | 1 of 4 |
Year (2012) | 1 of 3 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-12-03 |
Oil production & Acreage Texas
Howard County, Texas, United States The Howard County assets include non-operated working interests of approximately 39%, consisting of 1,310 net acres primarily targeting the Wolfberry play. The 23 existing wells produced a net 377 Boe per day in the third quarter of 2012, approximately 64% of which was crude oil. This acreage is approximately six miles from the Company’s existing operations in Howard and Martin counties. |
Buy | - |
Category | Company |
---|---|
Founded | 1993 |
Sector | Oil/Gas Exploration |
Employees | 100 |
Navajo Nation Oil & Gas Company (NNOGC) is a federally incorporated oil and gas company wholly owned by the Navajo Nation. NNOGC has more than 100 employees with headquarters in St. Michaels, Ariz., and operations in New Mexico, Colorado and Utah. NNOGC owns and operates oil and natural gas interests, primarily in the San Juan Basin in New Mexico and the Greater Aneth, Tohonadla and Desert Creek fields in southeast Utah. The company also operates the Running Horse Pipeline in southeast Utah and northwest New Mexico and gas stations on the Navajo Nation under the Navajo Petroleum and Chevron brands.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2012) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 1951 |
Sector | Oil/Gas Exploration |
Revenue | 1.7B USD (2022) |
Denbury is an independent energy company with operations and assets focused on Carbon Capture, Utilization, and Storage (“CCS”) and Enhanced Oil Recovery (“EOR”) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2012 has also been active in CCS through the injection of captured industrial-sourced CO2. It currently injects over four million tons of captured industrial-sourced CO2 annually, with an objective to fully offset its Scope 1, 2, and 3 CO2 emissions by 2030, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. Danbury was incorporated in 2003 and is based in Plano, Texas.
DEAL STATS | # |
---|---|
Overall | 1 of 2 |
Sector (Oil/Gas Exploration) | 1 of 2 |
Type (Divestiture) | 1 of 2 |
Country (United States) | 1 of 2 |
Year (2012) | 1 of 2 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2009-11-01 |
Encore Acquisition
Fort Worth, Texas, United States Encore Acquisition Company is engaged in the development of onshore North American oil and natural gas reserves. Encore has acquired high-quality assets and grown through drilling, waterflood, and tertiary projects. Encore's properties are located in the Rockies, the Mid-Continent, and the Permian Basin. |
Buy | $4.5B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-05-01 |
Thompson Field
Texas, United States The Thompson oil field is located 2 miles south of Thompson, Fort Bend County, Texas. Thompson Field comprises oil production field that produces. |
Buy | $360M |