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Enervest Ltd.

Company Summary

Description

From the North to East and South to West, we know our basins. Currently, we’re in the Utica Shale, the Barnett Shale, the Appalachian Basin, the Mid-Continent area, the San Juan Basin, the Uinta Basin, the Monroe Field in Louisiana, the Permian Basin, Central and East Texas, and Michigan. As a top-25 oil and natural gas producer, we’re ahead of the curve on new technologies, horizontal drilling and emerging shale plays. Combine that with an exceptional team of reservoir and production engineers and geoscientists, and you have a uniquely indispensable tool for dominating basins.

Website

https://www.enervest.net/operations.html

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Recent news

  • 11/3/2022 - Archrock and Enervest... (subscriber access)
  • 3/3/2021 - Enervest Selling 17MM... (subscriber access)
  • 10/22/2018 - Marksmen Energy Plans... (subscriber access)
  • 8/1/2018 - TPG Pace Energy Holdings... (subscriber access)
  • 7/18/2018 - Magnolia Oil & Gas... (subscriber access)

Company Transactions

Date: 8/1/2018
Type: Acquisition

BUYERS:
  • Magnolia Oil & Gas Corporation
  • Magnolia Oil & Gas Operating LLC
    • SELLERS:
  • Enervest Ltd.
    • DETAILS:

    COST: 2.66 $B

    VOLUMES: 40 MBOE/d

    ACRES: 360000 Acres

    NOTES:
    As part of the deal, EnerVest and TPG are partnering to launch Magnolia Oil & Gas Corp., which will be led by TPG CEO Steve Chazen. Magnolia will hold 40 Mboe/d in Eagle Ford and Austin Chalk production on 360,000 total net acres in South Texas. The acreage includes 14,000 net acres in Karnes County and 345,000 net acres in the high-potential Giddings Field.
    REGIONS:
  • Eagle Ford

    • Date: 1/30/2017
    Type: Acquisition

    BUYERS:
  • PetroGas Company
    • SELLERS:
  • BP America Inc
  • Enervest Ltd.
  • Montgomery Exploration Co
    • DETAILS:
    NOTES:
    Petrogas has acquired fractional interests in 6 wells located in Carter and LeFlore County, Oklahoma & Brazos and Fayette County, Texas for an undisclosed value.
    REGIONS:
  • South Central

    • Date: 8/8/2016
    Type: Acquisition

    BUYERS:
  • Jericho Oil
  • EAGLE ROAD OIL LLC
    • SELLERS:
  • Enervest Ltd.
    • DETAILS:

    COST: 3.95 $MM

    REGIONS:
  • South Central
  • Midcontinent