Shell to Divest Appalachia Shale Position in $541 Million Deal
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin; Marcellus/Utica
Announce Date
Post Date
Close Date
Estimated Price
541MM
Description
Bought Shell's Appalachia shale position of upstream and midstream assets; includes roughly 450,000 net leasehold acres across PA with about 350 producing Marcellus and Utica wells located in Tioga County.