SilverBow Resources Acquires Eagle Ford Operator Sundance Energy for up to $369 Million
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
$354.0MM
Description
Acquired Sundance in a cash and stock transaction that includes up to an additional $15 million dollars of contingent payments based on future commodity prices; assets comprise 39,000 net acres in Atascosa, La Salle, McMullen & Live Oak Cos., TX of highly contiguous Eagle Ford acreage and net production of 11,100 boe/d (84% liquids / 65% oil).