Deal Insight
FourPoint Energy acquires Mid-Continent tight oil assets for US$840 million
This report is currently unavailable
Report summary
FourPoint has acquired two separate asset packages: 1) properties held in the Chesapeake Cleveland-Tonkawa, LLC subsidiary entity, valued at US$750 million, and 2) adjacent properties, held by Chesapeake outside of the subsidiary, valued at US$90 million. Proceeds from the acquisition properties held in the subsidiary will be payable to the entity's preferred-interest holders (funds managed by GSO Capital Partners as well as other third-party investors).
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
-
Strategic rationale
- Chesapeake Energy
- FourPoint Energy
- GSO Capital and partner investors
- Oil & gas pricing and assumptions
Tables and charts
This report includes 6 images and tables including:
- Executive summary: Table 1
- Deal analysis: Table 1
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Gearing ratios: Focused-US peer group
- Chesapeake Cleveland Tonkawa LLC net cash flow at US$60/bbl WTI (flat, real)*
What's included
This report contains:
Other reports you may be interested in
Deal Insight
Talos Energy acquires QuarterNorth Energy for US$1.3 billion
Deal cements Talos's position as a top producer in the US Gulf of Mexico
$1,650
Insight
Global upstream M&A in brief
The global upstream M&A in brief provides the Wood Mackenzie view on all of the key M&A events as they unfold.
$1,350
Asset Report
Obsidian Alberta
This analysis examines Obsidian's assets in Alberta, excluding properties on oil sands leases like the Peace River…
$3,100