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New Deal


Announced

Completed

WildFire Energy I completed the acquisition of the Brazos Valley region of Eagle Ford assets of Chesapeake Energy for $1.4bn.

Financials

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Transaction Value£1,164m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Infrastructure

Domestic

Acquisition

Single Bidder

Private

Majority

crude oil producer

Oil: Crude Producers

Completed

Synopsis

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WildFire Energy I, an independent energy company, completed the acquisition of the Brazos Valley region of Eagle Ford assets of Chesapeake Energy, an American exploration and production company, for $1.4bn. "Today marks an important step on our path to exiting the Eagle Ford as we focus our capital on the premium, rock, returns and runway of our Marcellus and Haynesville positions. We remain actively engaged with other parties regarding the rest of our Eagle Ford position," Nick Dell'Osso, Chesapeake President and CEO.

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