Your Portal for Key Energy Information and Research

Ursa Operating Company LLC

Company Summary

Related Entities

Recent news

  • 11/16/2020 - Terra Energy Acquiring... (subscriber access)

Company Transactions

Date: 1/31/2021
Type: Acquisition

BUYERS:
  • Terra Energy Partners
    • SELLERS:
  • Ursa Operating Company LLC
  • Ursa Piceance LLC
  • Ursa Resources Group II, LLC
    • DETAILS:

    COST: 60 $MM

    ACRES: 41000 Acres

    NOTES:
    Terra Energy Partners is acquiring Piceance Basin-focused Ursa Resources for $60 million in a bankruptcy auction. The valuation is far lower than Ursa's debt, with the firm's obligations totaling $282.7 million in debt.
    REGIONS:
  • Piceance Basin