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White Star Petroleum, LLC

Company Summary

Description

White Star Petroleum, LLC is an independent oil and natural gas company focused on the acquisition, development, operation and production of unconventional oil and natural gas properties located in the Mississippi Lime and Woodford Shale plays in Central Northern Oklahoma.

Operational Regions

  • Mississippi Lime
  • Oklahoma STACK Play
  • SCOOP
  • Midcontinent

Recent news

  • 11/5/2019 - Contango Closes on... (subscriber access)
  • 10/31/2019 - Contango Oil & Gas... (subscriber access)
  • 9/27/2019 - Contango Oil & Gas... (subscriber access)
  • 8/7/2019 - EnLink Reports that... (subscriber access)
  • 11/28/2017 - Vivakor Acquires... (subscriber access)

Company Transactions

Date: 11/5/2019
Type: Acquisition

BUYERS:
  • Contango Oil & Gas Company
    • SELLERS:
  • White Star Petroleum, LLC
    • DETAILS:

    COST: 132.5 $MM

    VOLUMES: 15 MBOE/d

    ACRES: 315000 Acres

    NOTES:
    Contango Oil & Gas has entered into an agreement with White Star Petroleum to purchase the firms assets for $132.5 million under the 363 sales process of Chapter 11 bankruptcy.
    REGIONS:
  • Oklahoma STACK Play
  • SCOOP

    • Date: 11/28/2017
    Type: Acquisition

    BUYERS:
  • Vivakor, Inc
    • SELLERS:
  • White Star Petroleum, LLC
    • DETAILS:
    NOTES:
    Vivakor has acquired a non-operated interest in the Marilyn 2WH well in Payne County, Oklahoma after it was drilled and completed by White Star Petroleum.
    REGIONS:
  • Midcontinent

    • Date: 8/15/2017
    Type: Acquisition

    BUYERS:
  • 4 AM Midstream, LLC
    • SELLERS:
  • White Star Petroleum, LLC
    • ASSETS:
  • 4AM Midcontinent Gathering System
    • DETAILS:
    NOTES:
    White Star Petroleum reported that they have divested their stake in a midstream gathering system to 4 AM Midstream in Oklahoma. The assets consist of 253 miles of gas gathering lines, 26 miles of high pressure lines and 214 miles of crude oil pipelines located in Logan, Noble and Payne Counties, Oklahoma.
    REGIONS:
  • Midcontinent

    • Date: 5/15/2017
    Type: Acquisition

    BUYERS:
  • White Star Petroleum, LLC
    • SELLERS:
  • Sundance Energy Australia Ltd
  • Sundance Energy Inc
    • DETAILS:

    COST: 18.5 $MM

    VOLUMES: 880 BOE/d

    ACRES: 18500 Acres

    NOTES:
    Sundance Energy Australia entered an agreement to sell approximately 18,500 net acres in Anadarko Basin of Oklahoma for purchase price of $18.5 million.
    REGIONS:
  • Anadarko Basin

    • Date: 3/14/2017
    Type: Acquisition

    BUYERS:
  • White Star Petroleum, LLC
    • SELLERS:
  • Lighthouse Oil & Gas
    • DETAILS:

    VOLUMES: 1.3 MBOE/d

    ACRES: 18500 Acres

    REGIONS:
  • Anadarko Basin

    • Date: 11/30/2016
    Type: Acquisition

    BUYERS:
  • White Star Petroleum, LLC
    • SELLERS:
  • Double Eagle Energy Oklahoma, LLC
    • DETAILS:

    VOLUMES: 350 BOE/d

    ACRES: 12000 Acres

    REGIONS:
  • Mississippi Lime
  • Midcontinent

    • Date: 6/30/2016
    Type: Acquisition

    BUYERS:
  • White Star Petroleum, LLC
    • SELLERS:
  • Devon Energy Corporation
    • DETAILS:

    COST: 200 $MM

    VOLUMES: 12.8 MBOE/d

    ACRES: 210000 Acres

    REGIONS:
  • Mississippi Lime
  • Lower Mississippi
  • SCOOP
  • Oklahoma STACK Play