Pioneer Completes Permian Transformation With Eagle Ford Sale For Up To $475 Million
Transaction Type
Sellers
Basin
Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
$475.0MM
Description
Bought Pioneer’s Eagle Ford Shale assets comprising roughly 59,000 net acres in S TX with 14,000 boe/d of average net production during 4Q 2018; comprised of $25 MM at closing and $450 MM contingent payments.