One-Page Deal Sheet
Antero Spends $450 MIllion to Bolt-On Marcellus / Utica Acreage
Antero Resources Southwestern Energy Co.
Announced Date
June 09,2016
Effective Date
January 01,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
450
Asset/Basin:
{"Appalachian Basin"}
TargetZones:
{"Marcellus Shale","
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Northeast
Country
United States
State
West Virginia
County
Wetzel ,Tyler ,Doddridge
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Production ($/Mcfe/d)
Transaction Details: Require Private Equity Subscription
Antero Resources Corporation has signed a definitive agreement with Southwestern Energy Co. to acquire approximately 55,000 net acres in the core of the Marcellus Shale for $450 million.
Southwestern originally bought this acreage from Chesapeake back in late 2014.
A quick look at Shale Experts' Presentation Manager shows the deal metrics from that transaction.
Approximately 75% of the 55,000 net acres contains dry Utica rights. The acquisition includes undeveloped properties located primarily in Wetzel, Tyler and Doddridge Counties in West Virginia and approximately 14 MMcfe/d of net…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-24-2020 |
-  |
- |
Click here | Pennsylvania | E&P |
| Dec-19-2019 |
- |
- |
Click here | Ohio | E&P |
| Oct-21-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Jul-19-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Jul-19-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-02-2026 | Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank | - |
- |
| Dec-08-2025 | Antero Resources Acquires HG Energy II for $3.9B | - |
- |
| Apr-22-2025 | EQT Acquires Olympus Energy Assets For $1.8 Billion | - |
- |