Deal Insight
Halcon sells its operated assets in the Williston Basin for US$1.4 billion
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 11 July 2017, Halcón Resources Corporation (Halcón) announced the sale of its operated assets in the Williston Basin to an affiliate of Bruin E&P Partners, a portfolio company of Arclight Capital Partners, for US$1.4 billion in cash. The deal includes 105,900 net acres in Williams, McKenzie and Dunn counties producing approximately 29,000 net boe/d. Valuing the current flowing production at $40,000 per boe/d, Bruin paid around $2,300 per net undeveloped acre. Our US$1.4 ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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