ExxonMobil picks up Midland Basin assets in a swap deal with LINN Energy
This report is currently unavailable
Report summary
On 21 May 2014 it was announced that ExxonMobil had agreed with LINN Energy to swap out of a partial interest in dry gas assets located in the Hugoton Basin (primarily in Kansas) in exchange for 26,000 net acres located in the Midland Basin (primarily in West Texas). The deal included no cash component, but based on comparable transactions in the same area of the Midland Basin (sub-plays include the Deep Basin, Glasscock Nose and Ozona), we estimate an average per acre price of between ...
Table of contents
- Executive summary
- Upstream assets
- Deal analysis
- Strategic rationale
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
08 March 2017
M&A monthly market update: Feb 2017 - eye of the storm?
M&A monthly market update: Feb 2017 - eye of the storm?
Activity cooled after a $55 billion boom in the preceding two months. But a bountiful Deal Pipeline suggests this is a temporary lull.
$1,35023 August 2016
Concho acquires Midland Basin Permian position from Reliance for US$1.6 billion
Concho acquires Midland Basin Permian position from Reliance for US$1.6 billion
Largest Permian deal this year
$1,65007 June 2016
M&A monthly market update – May 2016
M&A monthly market update – May 2016
M&A activity surges as confidence grows
$1,350
