WildHorse’s Eagle Ford Land Grab Rides On IPO
Transaction Type
Sellers
Announce Date
Post Date
Estimated Price
$400.0MM
Description
To acquire about 158,000 net acres of oil and gas properties (Burleson N assets) adjacent to WildHorse's Eagle Ford acreage; includes an average of about 3.9 mboe/d (80% oil) of 3Q 2016 production. (Agreement entered in October 2016, according to SEC filings; Closing will occur contemporaneously with closing of WildHorse's IPO)