Point Energy 于 9 月 23 日表示， Point Energy Partners已以 11 亿美元现金将其特拉华盆地资产出售给Vital Energy和非运营 E&P Northern Oil and Gas (NOG)。

根据协议条款，Vital 收购了 Point Energy 80% 的资产，而 NOG 收购了剩余的 20%。  

对于 Vital 来说，此次交易预计将增加 68 个总库存地点（49 个净库存地点），预计平均 WTI 盈亏平衡油价为 47 美元/桶。Point Energy 的资产包括约 16,300 净英亩，平均日产油量为 30,000 桶油当量，占石油总产量的 67%。根据该公司的收购报告，Vital 表示，它将为每个未开发地点支付 140 万美元。

NOG 支付了约 2.2 亿美元收购其在 Point Energy 的 20% 股权。Northern 表示，它将收购主要位于德克萨斯州沃德县的资产。在宣布这笔交易时，NOG 表示，这些资产包括约 4,000 英亩净租赁和矿产地、26.4 口净生产井、1.6 口净在建井和约 12.1 口低盈亏平衡净未开发地点。Vital 将运营这些资产。

Point Energy 表示，该公司专注于优化资产开发，包括实施 15,000 英尺水平井。该公司推进了盆地 First Bone Spring 和 Wolfcamp C 目标的开发，为未来的勘探与生产活动树立了行业标准。

除了生产之外，Point Energy 还建立了中游和矿产资产，以补充其运营的资本效率。该公司表示，这种机会主义方法使该公司能够优化资源管理并提高整体资产价值。

Vortus Investments Advisors的投资组合公司 Point Energy也达到了运营里程碑，从最初的 300 桶净油当量/天产量在六年内增至 40,000 桶净油当量/天。

Point Energy Partners 首席执行官 Bryan Moody 表示：“如果没有我们出色的员工和团队成员为我们的成功做出的贡献，我们不可能取得这一令人难以置信的成就。他们的奉献精神和专业知识对我们发展和创新起到了重要作用。我们很高兴与 Vital 和 NOG 合作，并期待着看到他们在这些资产上取得的成功。”

Houlihan Lokey 担任 Vital Energy 的首席财务顾问，花旗担任联合顾问。Gibson, Dunn & Crutcher LLP 担任法律顾问。Wells Fargo Securities LLC 为高级担保信贷安排提供咨询。DrivePath Advisors 担任财务沟通顾问。

Kirkland & Ellis LLP 担任 Northern 的法律顾问。

Jefferies LLC 担任 Point 和 Vortus 的财务顾问，Akin Gump Strauss Hauer & Feld LLP 担任法律顾问。

Point Energy Partners has closed a $1.1 billion cash sale of its Delaware Basin assets to Vital Energy and non-op E&P Northern Oil and Gas (NOG), Point Energy said on Sept. 23.

Under the terms of the agreement, Vital acquired 80% of Point Energy’s assets, with NOG acquiring the remaining 20%.  

For Vital, the transaction is expected to add 68 gross (49 net) inventory locations with an estimated average WTI breakeven oil price of $47/bbl. Point Energy’s assets include approximately 16,300 net acres and produce an average 30,000 boe/d, 67% oil. Vital said it is paying $1.4 million per undeveloped location, according to the company’s acquisition presentation.

NOG paid about $220 million for its 20% interest in Point Energy. Northern said it will acquire assets primarily located in Ward County, Texas. When the deal was announced, NOG said that the assets included approximately 4,000 net leasehold and mineral acres, 26.4 net producing wells, 1.6 net wells-in-process and about 12.1 low-breakeven net undeveloped locations. Vital will operate the assets.

Point Energy said it had focused on optimal asset development, including the implementation of 15,000-ft laterals. The company advanced the development of the First Bone Spring and Wolfcamp C targets in the basin, setting industry standards for future E&P activity.

In addition to its production, Point Energy built midstream and mineral assets to complement the capital efficiency of its operations. This opportunistic approach has allowed the company to optimize resource management and enhance overall asset value, the company said.

Point Energy, a portfolio company of Vortus Investments Advisors, also it had reached an operational milestone by producing 40,000 net boe/d over a six year period from initial production of 300 net boe/d.

“This incredible achievement would not have been possible without our remarkable staff and team members who have all contributed to our success. Their dedication and expertise have been instrumental in driving our growth and innovation,” said Bryan Moody, CEO of Point Energy Partners. "We have enjoyed collaborating with and look forward to watching Vital and NOG build upon the success achieved to date on these assets."

Houlihan Lokey is serving as lead financial adviser to Vital Energy with Citi serving as a co-adviser. Gibson, Dunn & Crutcher LLP is serving as legal counsel. Wells Fargo Securities LLC advised on the senior secured credit facility. DrivePath Advisors is serving as financial communications adviser.

Kirkland & Ellis LLP is serving as Northern’s legal counsel.

Jefferies LLC served as financial adviser and Akin Gump Strauss Hauer & Feld LLP is serving as legal counsel to Point and Vortus.