One-Page Deal Sheet
Chesapeake Ditches Large Portion of Marcellus, Utica Acreage
Southwestern Energy Co. Chesapeake Energy Corp
Announced Date
October 16,2014
Close Date
December 22,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
4975
Asset/Basin:
{"Marcellus Shale","Utica Shale"}
TargetZones:
{"Upper Devonian","M
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Northeast
Country
United States
State
West Virginia
County
Ohio ,Marshall ,Wetzel ,Tyler ,Preston ,Harrison ,Upshur ,Lewis
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Closing Announcement - December 23, 2014
Southwestern Energy Company announced that the transaction reported in October 2014 with Chesapeake Energy Corporation to acquire certain oil and gas assets in West Virginia and southwest Pennsylvania was closed today at an adjusted purchase price of approximately $4.975 billion.
Steve Mueller, Chairman and Chief Executive Officer of Southwestern Energy, commented: "We are very pleased with today's closing and the addition of this world-class asset into our portfolio. We believe this is a transformational transaction for the company and we are excited…
| Announced Date | Buyer | Seller | Deal Value($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 | - |
- |