2013-03-16 11:19:26 -
Acquisition to Increase the Company's Net Production by 205.7% - Deal Analysis from GlobalData
Gulfport Energy Corporation (Gulfport) agreed to acquire an additional 22,000 net acres in the Utica Shale of Eastern Ohio, from Windsor Ohio LLC (Windsor), an affiliate of Wexford Capital LP, for a purchase consideration of approximately US$220.4MM. The transaction excludes the acquisition of 14 existing wells and 16 proposed future wells, along with certain acreage surrounding each well. Tudor, Pickering, Holt & Co., LLC is acting as financial advisor to Gulfport Energy in the transaction. The transaction is expected to be completed prior to the end of February 2013.
Full Report Details at
- www.fastmr.com/prod/553254_gulfport_energy_to_acquire_additional ..
Scope
* Rationale behind Gulfport Energy's Plan to acquire additional 22,000 net acres in Utica Shale, Ohio, from Windsor Ohio
* To know about the impact
of the acquisition on Gulfport's net production.
* Geography Covered- US
Reasons to buy
* To understand the impact of the proposed acquisition on Gulfport's working interest in its Utica shale acreage and on its net production in 2013
* To know that the acquisition of additional acreage is part of Gulfport's plan to build an oil-focused asset base and diversify its geographic presence
Report Table of Contents:
1 Table of Contents
1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Gulfport Energy to Acquire Additional 22,000 Net Acres in Utica Shale, Ohio, from Windsor Ohio for US$220MM
2.1 Deal Overview
2.2 Deal in Brief
2.3 The Acquisition will Increase Gulfport's Working Interest in its Acreage in the Utica Shale to 93.8%
2.4 The Acquisition of Additional Acreage is Part of Gulfport's Plan to Build an Oil-focused Asset Base and Diversify its Geographic Presence
2.5 Deal Financials and Valuations
3 Appendix
3.1 Abbreviations
3.2 Sources
3.3 Methodology
3.4 Contact Us
3.5 Disclaimer
List of Tables
1.1 List of Tables
Table 1: Gulfport, Asset Transaction Activity, 2007 to Present
Table 2: Gulfport, Budgeted E&P Capital Expenditures by Location (US$MM), 2012-2013
Table 3: Companies Involved
Table 4: Financials of the Deal
Table 5: Advisor Information
Table 6: Target Information
Table 7: Target's Acreage Information
Table 8: Company Valuation Multiples
Table 9: Acquirer Information
Table 10: Vendor Information
List of Figures
1.2 List of Figures
Figure 1: Gulfport, Acreage in the Utica Shale, US, 2012
Figure 2: Gulfport, Net Production, mmboe, 2009-2013
Figure 3: Gulfport, Budgeted E&P Capital Expenditures by Location 2012-2013
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