UGI Energy Services acquires Rockdale midstream assets
UGI Energy Services LLC, a subsidiary of UGI Corp., has acquired midstream assets from Rockdale Marcellus LLC by its wholly owned subsidiary, UGI Texas Creek LLC. Continue Reading: Latest News
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Arsenal Resources names Farmer president, CEO
Arsenal Resources has appointed Jon Farmer as president and CEO, effective October 15, 2017. Continue Reading: Latest News
Kalnin Ventures makes fifth Marcellus asset acquisition
An affiliate of Kalnin Ventures LLC’s BKV Oil and Gas Capital Partners LP fund has entered into Purchase and Sale Agreements with respect to the fund’s fifth acquisition of assets in just over two years in the northeast portion of the Marcellus Shale. Continue Reading: Latest News
Carrizo Oil & Gas agrees to sell Marcellus Shale assets
On October 5, 2017, Carrizo Oil & Gas Inc. entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and conditions. Continue Reading: Latest News
EQT to acquire Rice Energy for $6.7B
EQT Corp. and Rice Energy Inc. have entered into a definitive merger agreement. Continue Reading: Latest News
East Daley: US natural gas supply far outpaces demand signaling major price correction
East Daley Capital Advisors Inc. released a new report signaling the need for a major correction to US natural gas prices due to prolific production expectations from the Marcellus and Utica shale formations in the Northeast, which is now clashing with growth expectations in the Permian region in the Midcontinent. Continue Reading: Latest News
Noble Energy sells Marcellus Midstream to Quantum Energy Partners for $765M
Noble Energy has agreed to sell the holding company which owns a 50% interest in CONE Gathering LLC and 21.7 million common and subordinated limited partnership units to a portfolio company of Quantum Energy Partners for total cash consideration of $765 million. Continue Reading: Latest News
Kalnin Ventures signs PSA for fourth Marcellus asset acquisition
Kalnin Ventures LLC has signed a Purchase and Sale Agreement on its fourth acquisition of a non-operating portfolio in the northeast portion of the Marcellus Shale, on behalf of its BKV Fund and investor Banpu Pcl. Continue Reading: Latest News