Kodiak Oil & Gas To Acquire Oil & Gas Properties In Williston Basin: A Significant Expansion To Strengthen Its Presence In The Region - Deal Analysis From GlobalData

GlobalData, October 2010, Pages: 6

Kodiak Oil & Gas To Acquire Oil & Gas Properties In Williston Basin: A Significant Expansion To Strengthen Its Presence In The Region - Deal Analysis From GlobalData

Summary

Kodiak Oil & Gas Corp., (Kodiak) entered into a definitive agreement to acquire high-working-interest, contiguous Bakken/Three Forks Williston Basin leasehold and producing properties, from a private oil and gas company, for a purchase consideration of $110m. Of the total consideration, $99m will be paid in cash and $11m will be paid through the issuance of 2.75 million shares of common stock. The acquisition comprise 19,016 gross mineral acres (11,742 net) in McKenzie County, N.D. located midway between the company's core Dunn County operating area and the company's Koala Project area. Additionally, Kodiak will acquire 4,117 gross (2,752 net) mineral acres in northern Williams County and southern Divide County, N.D. located just north of Brigham Exploration's Rough Rider area. The transaction implies deal values of $220,000 per boe of daily production and $7,589.35 per acre of land

Scope

- The transaction will enable Kodiak Oil to expand its acreage position in the Williston Basin to over 72,000 net acres

Reasons to buy

- Develop a sound undestanding of the major M&A's, Partnerships, And Joint Ventures taking place in Asian Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Indian oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions

1
1

1.1 List of Tables
1.2 List of Figures
2 Kodiak Oil & Gas To Acquire Oil & Gas Properties In Williston Basin
2.1 Deal Overview
2.2 Deal in Brief
2.3 Kodiak Intends to Strengthen its Presence in the Williston Basin by Acquiring Additional Acreage
2.4 Kodiak is Strategically Growing through Asset Transactions
2.5 Deal Financials and Valuations
2.5.1 Companies Involved
2.5.2 Deal Financials
2.5.3 Deal Rationale
2.5.4 Detailed Target Information
2.5.5 Production and Reserves Information
2.5.6 Transaction Implied Values
2.5.7 Commodity Prices Information
2.5.8 Detailed Acquirer Information
3 Appendix
3.1 Methodology
3.1.1 Coverage
3.1.2 Secondary Research
3.1.3 Primary Research
3.1.4 Expert Panel Validation
3.2 Contact Us
3.3 Disclaimer

Customers who bought this item also bought

• Charter Schools - Global Outlook
• eLEARNING - Global Strategic Business Report
• Aerospace and Defense Industry - Global Strategic Business Report
• Commercial And Military Flight Simulation - Global Strategic Business Report
• Sports and Fitness Nutrition - Global Strategic Business Report
• Education Services - Global Strategic Business Report
• North America – Smart Weapons Markets and Technologies Outlook – 2013-2020
• Private Tutoring - Global Strategic Business Report
• Defense Robotics - Global Strategic Business Report
• Distance Learning - Global Outlook