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Brazos Valley Longhorn, L.L.C.

Company Summary

Description

Chesapeake acquired the company in February 2019. WildHorse Resource Development Corporation is an independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas and NGL properties primarily in the Eagle Ford Shale in East Texas and the Over-Pressured Cotton Valley in North Louisiana.

Renamed Brazos Valley Longhorn, L.L.C.

Operational Regions

  • Eagle Ford
  • Cotton Valley Play

Financial Data:

NYSE:WRD from Google Finance

Tickers:

  • WRD - New York Stock Exchange

Related Entities

Recent news

  • 12/20/2019 - Chesapeake Energy... (subscriber access)
  • 12/10/2019 - Chesapeake Increases... (subscriber access)
  • 12/4/2019 - Chesapeake Launches... (subscriber access)
  • 8/22/2019 - Chesapeake Continues... (subscriber access)
  • 2/1/2019 - Chesapeake Energy Closes... (subscriber access)

Investor Presentations

  • 1Q18 Investor Presentation
  • 4Q17 Investor Presentation (subscriber access)
  • 3Q17 Investor Presentation (subscriber access)
  • 2Q17 Investor Presentation (subscriber access)
  • Eagle Ford Acquisition Presentation (subscriber access)
  • March 2017 Company Presentation (subscriber access)

Company Transactions

Date: 2/1/2019
Type: Acquisition

DETAILS:

COST: 3.977 $B

VOLUMES: 47 MBOE/d

ACRES: 420000 Acres

NOTES:
The price includes the assumption of $0.93 million in debt, and CHK will issue either 5.989 shares of common stock or a combination of 5.336 shares of stock and $3 in cash for each share of WildHorse.
REGIONS:
  • Eagle Ford
  • Date: 9/21/2018
    Type: Acquisition

    DETAILS:

    VOLUMES: 39 BOE/d

    ACRES: 20305 Acres

    NOTES:
    WildHorse Resources reported that they have entered into two seperate deals to acquire a cumulative 20,305 net acres in the Eagle Ford & Austin Chalk. The assets have net production of 39 boe/d in Burleson, Brazos, Lee, and Washington Counties, TX.
    REGIONS:
  • Eagle Ford
  • Austin Chalk
  • Date: 3/30/2018
    Type: Acquisition

    DETAILS:

    COST: 217 $MM

    VOLUMES: 46.9 Mmcfe/d

    ACRES: 90000 Acres

    REGIONS:
  • Haynesville-Bossier Shale
  • East Texas/Louisiana
  • Date: 3/1/2018
    Type: Acquisition

    DETAILS:

    COST: 19.3 $MM

    VOLUMES: 59 BOE/d

    ACRES: 17453 Acres

    REGIONS:
  • Eagle Ford
  • Date: 6/30/2017
    Type: Acquisition

    DETAILS:

    COST: 625 $MM

    VOLUMES: 7.58 MBOE/d

    ACRES: 111000 Acres

    NOTES:
    Approximately 111,000 net acres (95% held by production) in Burleson, Brazos, Lee, Milam, Robertson, and Washington Counties next to WRD’s existing acreage position Approximately 7.6 MBoe/d of net production for fourth quarter 2016 consisting of approximately 72% oil and 89% liquids from 68 Eagle Ford, 299 Austin Chalk, 19 Buda/Georgetown operated wells 949 net Eagle Ford locations and 22.9 MMBoe of proved developed producing reserves (73% oil and 88% liquids)
    REGIONS:
  • Eagle Ford
  • Date: 4/15/2017
    Type: Acquisition

    DETAILS:

    COST: 15.6 $MM

    VOLUMES: 195 BOE/d

    ACRES: 10535 Acres

    REGIONS:
  • Eagle Ford