独家:梅斯基特将 Eagle Ford 的卡塔琳娜牧场出售给 Black Mountain O&G

在与 Crescent Energy 达成协议后一个月内,Mesquite Energy 进行了第二次剥离 Eagle Ford 资产的交易,交易价值可能约为 3 亿美元。

在一笔可能价值约 3 亿美元的交易中,Mesquite Energy 在与 Crescent Energy 达成交易后一个月内第二次剥离 Eagle Ford 资产(来源:Shutterstock.com

Hart Energy 获悉,Mesquite Energy 将其在 Eagle Ford 页岩南部的更多面积出售给了一家私人勘探开发公司。

Black Mountain 于 6 月 12 日告诉 Hart Energy,沃斯堡的 Black Mountain Oil & Gas 与休斯顿的股权支持者 Trace Capital Management 于 5 月底从 Mesquite Energy 收购了 Catarina Ranch 资产。

该交易包括跨越德克萨斯州迪米特县、韦伯县和拉萨尔县的 51,921 净英亩土地,位于德克萨斯州卡塔琳娜镇以南,靠近墨西哥边境。

据 Black Mountain 称,Catarina Ranch 资产目前平均产量为 12,400 桶油当量/天。

Black Mountain 的一位代表表示,在与 Mesquite 达成交易之前,该公司拥有约 20,000 英亩的土地,大部分与 Catarina Ranch 相邻。

该交易的财务条款并未披露。Enverus 董事 Andrew Dittmar 6 月 12 日告诉 Hart Energy,这笔交易的价值可能约为 3 亿美元。 

Hart Energy 联系了 Black Mountain 和 Mesquite Energy,了解有关此次交易的更多信息。

Black Mountain 的收购让 Eagle Ford 的巨额交易势头得以延续,这家成熟公司的并购仅在第一季度就创造了 50 亿美元的收入去年,加拿大Baytex能源公司、切萨皮克能源公司、马拉松石油公司、德文能源公司等公司进行了数十亿美元的交易。

自该公司的前身桑切斯能源公司 (Sanchez Energy Corp.) 于2014 年 6 月从壳牌收购了南部伊格尔福特 (Eagle Ford) 资产以来,卡塔琳娜牧场 (Catarina Ranch) 一直是梅斯基特投资组合的一部分。


相关报道:  Mesquite Energy 正在考虑出售 Eagle Ford 页岩中的 Catarina Ranch 资产


桑切斯能源公司 (Sanchez Energy) 在 Eagle Ford 页岩油中占有相当大的份额,并于 2019 年 8 月自愿申请美国破产法第 11 章破产保护,理由是石油和天然气大宗商品价格环境充满挑战。

该公司于 2020 年中期以私人运营商 Mesquite Energy 的身份摆脱破产困境,通过法院下令的重组消除了约 23 亿美元的债务。

在破产之前,卡塔琳娜牧场已成为桑切斯投资组合的重要组成部分。

根据美国证券交易委员会的备案文件,2018 年,卡塔琳娜资产占桑切斯天然气总产量的 60% 以上,占该公司原油总产量的 36% 以上。

梅斯基特的交易是鹰福特更广泛的资产剥离活动的一部分。

5 月,梅斯基特签订协议,以 6 亿美元的价格将其位于卡塔琳娜牧场附近的科曼奇资产出售给 Crescent Energy。

与 Crescent 的交易包括约 75,000 英亩的连续净土地,主要位于 Dimmit 县和 Webb 县,平均产量为 20,000 桶油当量/天(70% 液体)。

Crescent 与 Mesquite 的交易预计将在第三季度完成。

桑切斯于 2017 年通过与阿纳达科石油公司 21 亿美元的交易收购了科曼奇资产


相关报道: Crescent Energy 以 6 亿美元增设 Eagle Ford 资产


原文链接/hartenergy

Exclusive: Mesquite Sells Eagle Ford’s Catarina Ranch to Black Mountain O&G

In a transaction likely worth about $300 million, Mesquite Energy made its second divestiture of Eagle Ford assets in a month following a deal with Crescent Energy.

In a transaction likely worth about $300 million, Mesquite Energy made its second divestiture of Eagle Ford assets in a month following a deal with Crescent Energy. (Source: Shutterstock.com)

Mesquite Energy offloaded more of its acreage in the southern Eagle Ford Shale to a private E&P, Hart Energy has learned.

Fort Worth-based Black Mountain Oil & Gas, along with Houston-based equity backer Trace Capital Management, acquired the Catarina Ranch asset from Mesquite Energy at the end of May, Black Mountain told Hart Energy on June 12.

The transaction includes 51,921 net acres spanning Dimmit, Webb and La Salle counties, Texas–south of the town of Catarina, Texas, near the Mexican border.

The Catarina Ranch asset is currently averaging production of 12,400 boe/d, according to Black Mountain.

A Black Mountain representative said the company had a roughly 20,000-acre tract largely contiguous with Catarina Ranch prior to its deal with Mesquite.

Financial terms of the deal were not disclosed. The deal’s value was likely about $300 million, Andrew Dittmar, director at Enverus, told Hart Energy on June 12. 

Hart Energy reached out to Black Mountain and Mesquite Energy for more information on the transaction.

Black Mountain’s acquisition keeps alive the Eagle Ford's megadeal streak, with the mature play’s M&A generating $5 billion in the first quarter alone. In the past year, companies including Canada’s Baytex Energy, Chesapeake Energy, Marathon Oil, Devon Energy and others have conducted billions in transactions.

The Catarina Ranch has been a part of Mesquite’s portfolio since the company’s predecessor, Sanchez Energy Corp., acquired the southern Eagle Ford asset from Shell in June 2014.


RELATED: Mesquite Energy Weighs Sale of Catarina Ranch Asset in Eagle Ford Shale


Sanchez Energy, which developed a sizable position in the Eagle Ford Shale, voluntarily filed for Chapter 11 bankruptcy protections in August 2019, citing the challenging commodity price environment for oil and gas.

The company emerged from bankruptcy as a private operator Mesquite Energy in mid-2020, eliminating about $2.3 billion in debt through a court-ordered reorganization.

Catarina Ranch grew into an important part of Sanchez’s portfolio prior to the bankruptcy.

The Catarina asset accounted for more than 60% of Sanchez’s total natural gas production and 36% of the company’s total crude oil production during 2018, according to Securities and Exchange Commission filings.

Mesquite’s deal is part of a broader divestiture campaign in the Eagle Ford.

In May, Mesquite entered into an agreement to sell its Comanche assets —adjacent to Catarina Ranch— to Crescent Energy for $600 million.

The deal with Crescent included approximately 75,000 contiguous net acres, primarily in Dimmit and Webb counties, and average production of 20,000 boe/d (70% liquids).

Crescent’s transaction with Mesquite is expected to close during the third quarter.

Sanchez had acquired the Comanche assets through a $2.1 billion transaction with Anadarko Petroleum in 2017.


RELATED: Crescent Energy Bolt-on Adds Eagle Ford Assets for $600 Million