Titan Energy to sell off Pennsylvania, West Virginia assets

Titan Energy, which entered the Marcellus Shale with the acquisition of Atlas Resource Partners LP’ assets last year, is selling its wells in Pennsylvania and West Virginia for $84.2 million.

The buyer is Diversified Gas & Oil PLC (AIM: DGOC), an existing natural gas and oil production company in the Appalachian basin that is based in Birmingham, Ala. The deal includes 8,400 conventional and Marcellus oil and gas wells in Pennsylvania and West Virginia, as well as in Tennessee, Ohio and New York.…

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