US Shale Producers Cabot Oil & Gas, Cimarex Energy to Combine
Transaction Type
Sellers
Basin
Multiple; Anadarko Basin; Appalachian Basin; Permian Basin
Announce Date
Post Date
Close Date
Estimated Price
9.3BB
Description
Acquired Denver-based Cimarex in an all-stock combination to add approximately 560,000 net acres in the Permian and Anadarko basins to Cabot’s approximately 173,000 net acres in the Marcellus Shale.