High-Quality East Texas Assets
Sector: Natural Gas • Location: Texas, USA
Source: Financial Conduct Authority (FCA)
Acquisition of operated natural gas properties located in eastern Texas, USA, including a significant Proved Developed Producing (PDP) component. The assets include 331 net PDP wells, with current production of 21 MMcfepd (4 MBoepd) and PDP reserves of 70 Bcfe (12 MMBoe) with a PV-10 value of $89 million. The total gross purchase price allocated to Diversified is approximately $69 million, with an
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Acquisition of operated natural gas properties located in eastern Texas, USA, including a significant Proved Developed Producing (PDP) component. The assets include 331 net PDP wells, with current production of 21 MMcfepd (4 MBoepd) and PDP reserves of 70 Bcfe (12 MMBoe) with a PV-10 value of $89 million. The total gross purchase price allocated to Diversified is approximately $69 million, with an estimated net purchase price of $64 million. The acquisition is expected to close in Q4 2024 and represents a 3.5x purchase multiple based on estimated NTM EBITDA of $19 million. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |