Vital Energy, Northern Oil and Gas To Acquire Point Energy's Delaware Basin Assets for $1,1B In Cash
Vital Energy, Northern Oil and Gas To Acquire Point Energy's Delaware Basin Assets for $1,1B In Cash
Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Point Energy Partners ("Point"), a Vortus Investments portfolio company. The transaction will significantly increase the Company's operational scale and footprint in the Delaware Basin and add high-value development inventory.
Vital Energy, Inc.（紐約證券交易所代碼：VTLE）（“Vital Energy” 或 “公司”）今天宣佈簽署最終的聯合買賣協議，以收購Vortus Investments投資組合公司Point Energy Partners（“Point”）的資產。該交易將顯著增加公司在特拉華盆地的運營規模和足跡，並增加高價值的開發庫存。
The agreement was signed in partnership with Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG"). Under the terms of the agreement, the two companies will acquire Point Energy's assets in an all-cash transaction for total consideration of $1.1 billion. Vital Energy agreed to acquire 80% of Point's assets, with NOG acquiring the remaining 20%. The transaction is expected to close by the end of the third quarter of 2024 with an effective date of April 1, 2024, subject to customary closing conditions.
該協議是與北方石油天然氣公司（紐約證券交易所代碼：NOG）（“NOG”）合作簽署的。根據協議條款，兩家公司將以全現金交易收購Point Energy的資產，總對價爲11億美元。Vital Energy同意收購Point80％的資產，NOG收購其餘20％的資產。該交易預計將於2024年第三季度末完成，生效日期爲2024年4月1日，但須遵守慣例成交條件。
Closing price adjustments are expected to total approximately $75 million, reducing total consideration to approximately $1.025 billion. Vital Energy expects to fund its $820 million portion, net of expected purchase price adjustments, through the use of its credit facility, which was recently expanded to $1.5 billion. Wells Fargo, National Association has committed to the increased elected commitment upon closing of the transaction.
預計收盤價調整總額約爲7,500萬美元，使總對價減少至約10.25億美元。Vital Energy預計，扣除預期的收購價格調整後，將通過使用其信貸額度爲其8.2億美元的部分提供資金，信貸額度最近擴大到15億美元。富國銀行全國協會已承諾在交易完成後增加民選承諾。
Vital Energy plans to host a conference call and webcast at 8:00 a.m. CT on Monday, July 29, 2024. Supplemental slides have been posted to the Company's website.
Vital Energy計劃於2024年7月29日星期一上午8點舉辦電話會議和網絡直播。補充幻燈片已發佈到公司的網站上。