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One-Page Deal Sheet

BG Group and EXCO form JV in the Marcellus

BG Group Exco Resources Inc.
AnnouncedMay 1, 2010
TypeJV
Announced Date
May 01,2010
Effective Date
January 01,2010
Close Date
June 01,2010
Transaction Type
JV
Enterprise Value (EV)($MM)
950




Snapshot
Asset/Basin:
{"Appalachian Basin"}
TargetZones:
{"Marcellus Shale","
Net Acres
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Location
Region
Northeast

Country
United States

State
Pennsylvania


Transaction Details:  Subscribe to see

BG Group today announced that it has entered into further joint venture arrangements with its US shale partner, EXCO Resources, Inc.

BG Group will acquire a 50% interest in companies that hold EXCO’s producing and non-producing assets in the Appalachian Basin, located primarily in Pennsylvania and West Virginia, USA. Under the terms of the transaction BG Group will:

acquire a 50% interest in a total of 654 000 net acres in the Appalachian Basin; increase its estimated net gas resources by 2.4 trillion standard cubic feet (tcf); and pay a total consideration of $950 million, equating to an…


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United States Deal Activity In Last 12 Months


Other Northeast Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
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

Other United States Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-02-2026 - - Click here Pennsylvania  E&P
Apr-22-2025 - - Click here Pennsylvania  E&P
Dec-05-2024 - - Click here Pennsylvania  E&P
Oct-29-2024 - - Click here Pennsylvania  E&P
Jan-11-2024 - - Click here Pennsylvania  E&P

Price History


Date Deal Headline Price$/acre
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank -   32,229
Apr-22-2025 EQT Acquires Olympus Energy Assets For $1.8 Billion -   20,000
Dec-05-2024 CNX Acquires Apex’s Appalachian Gas & Midstream Assets for $505MM -   14,028