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Forge Energy, LLC

Company Summary

Description

Forge Energy, LLC is a San Antonio, Texas-based oil and gas exploration and production company. Forge focuses on developing domestic onshore oil and gas resources, both conventional and unconventional.

Website

http://www.forgenergy.com/

Related Entities

Recent news

  • 12/12/2017 - Oasis Prices Equity... (subscriber access)
  • 12/11/2017 - Oasis Petroleum... (subscriber access)
  • 12/11/2017 - Oasis Petroleum... (subscriber access)

Company Transactions

Date: 2/15/2018
Type: Acquisition

BUYERS:
  • Oasis Petroleum Inc.
    • SELLERS:
  • Forge Energy, LLC
    • DETAILS:

    COST: 946 $MM

    VOLUMES: 3.5 MBOE/d

    ACRES: 20300 Acres

    NOTES:
    To fund the deal, Oasis intends to draw on its revolving credit facility or draw from capital markets in addition to selling its non-core Williston Basin asset for up to $500 million in 2018
    REGIONS:
  • Delaware Basin