Acquisitions & Divestitures

Public trading metrics influence A&D markets and the prices buyers must pay to seal a deal, says Ward Polzin, of Tudor Pickering Holt & Co.

And in unconventional resource plays, the price per acre (whether embedded in an acquisition or a joint venture) increases as the proof of concept progresses, from an idea, to some PDPs, to a full development model that is verified.

Speaking at a leaders in industry lunch co-sponsored by Tipro and IPAA, Polzin separated asset packages into three groups. The first is made up of high-growth ...