One-Page Deal Sheet
Chief Oil & Gas Expands Marcellus Portfolio via Asset Deal
Chief Oil & Gas Llc, Enerplus Corp, Tug Hill Operating Chesapeake Energy Corp
Announced Date
December 17,2013
Close Date
December 17,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
500
Asset/Basin:
{Marcellus}
TargetZones:
{"Marcellus Shale"}
Location
Region
Northeast
Country
United States
State
Pennsylvania
Play
Production Production
Transaction Details: Require Private Equity Subscription
Chief Oil & Gas and working interest partners Enerplus and Tug Hill have acquired MKR Holdings LLC from Chesapeake Appalachia LLC for approximately $500 million.
The acquired assets include current month production of approximately 130,000 MCFD and approximately 40 operated wells waiting on completion or pipeline as well as undeveloped acreage. The acquisition includes leasehold in Bradford, Lycoming, Sullivan, Susquehanna and Wyoming Counties in Pennsylvania.
Sam Fragale, Senior Vice President of Operations for Chief Oil & Gas, commented: "With this acquisition we have significantly expanded…
| Announced Date | Buyer | Seller | Deal Value($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 |
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