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ELK Petroleum Ltd

Company Summary

Description

Elk Petroleum Limited (ASX: ELK) is an oil and gas producer and developer with assets located in one of the richest onshore oil regions of the USA: the northern Rocky Mountains.

Website

http://www.elkpet.com/

Operational Regions

  • Rockies

Related Entities

Recent news

Company Transactions

Date: 10/30/2017
Type: Acquisition

BUYERS:
  • ELK Petroleum Ltd
    • SELLERS:
  • Resolute Energy Corporation
    • DETAILS:

    COST: 195 $MM

    VOLUMES: 1 MBOE/d

    NOTES:
    Under terms of the deal, Resolute will receive $160 million in cash and up to $35 million in cash if oil prices exceed certain levels in the next three years.
    REGIONS:
  • Aneth Field
  • Paradox Basin

    • Date: 2/22/2017
    Type: Acquisition

    BUYERS:
  • ELK Petroleum Ltd
    • SELLERS:
  • Freeport-McMoRan Inc.
  • Freeport McMoRan Oil & Gas
    • ASSETS:
  • Lost Cabin Gas Plant
    • DETAILS:

    COST: 20 $MM

    REGIONS:
  • Wind River Basin