Deal Insight
Halcon sells its operated assets in the Williston Basin for US$1.4 billion
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 7 images and tables including:
- 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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