Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

General News | Top Story | Private Equity | Deals - Acquisition, Mergers, Divestitures | Capital Markets | Private Equity Activity

Southwestern Finalizes $1.9B Sale of Fayetteville Portfolio to PE-Backed E&P

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Tuesday,December 04,2018

Southwestern Energy has completed the $1.865B sale of its Fayetteville assets to Flywheel Energy, LLC, a private company backed by Kayne Private Energy Income Funds.

Click here to access the deal in Shale Experts' M&A Database

Southwestern is now a pure-play E&P focused on Appalachia.

The proceeds will be used to retire senior notes of $900 million, retire the outstanding balance under the Company's revolving credit facility, repurchase stock up to the remainder of the Company's $200 million stock buyback program and invest in Appalachia assets over the next two years, subject to market conditions. Proceeds will be held in cash and cash equivalents until applied.


Recent Deals/Transactions

Date Annouced Category Headline Buyer(s) Seller(s) Value ($mm)
07/10/2025 E&P Mach Resources Buys San Juan Gas Asset for $787 Million 
07/10/2025 E&P Mach Enters Permian Basin, Buys PE_backed Sabinal Assets for $500 Million 
06/05/2025 E&P Vermillion Energy Exits US, Sells Power River Basin Asset 
05/30/2025 E&P EOG Acquires Utica Liquids Focus Encino For $5.6 Billion 
05/13/2025 E&P TXO Partners Acquires White Rock Assets in the Elm Coulee Field 
05/07/2025 E&P Permian Resources Bolt-On Assets From APA Corp 
05/03/2025 E&P Riley Permian Acquires PE-Backed Silverback II For $142million 
04/22/2025 E&P EQT Acquires Olympus Energy Assets For $1.8 Billion 
04/01/2025 E&P TG Natural Resources Acquires Interest in Chevron’s Haynesville Asset 
03/24/2025 E&P Validus Energy Continues Buying Spree, Takes Out Anadarko Basin-Focused 89 Energy III 
Total

Latest Transaction News