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One-Page Deal Sheet

Kalnin/BKV Operating Acquires More Marcellus Property from Warren Resources

BKV Corporation, Kalnin Ventures LLC Warren Resources Inc.
AnnouncedDec 12, 2017
TypeProperty
LocationMarcellus Shale
Announced Date
December 12,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
105




Snapshot
Asset/Basin:
{"Marcellus Shale"}
TargetZones:
{"Lower Marcellus Sh
Net Acres
Proved Reserves

Location
Region
Northeast

Country
United States

State
Pennsylvania

County
Wyoming

Play


Production & Reserves
Production

Production Mix

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Production ($/Mcfe/d)

Transaction Details:  Require Private Equity Subscription

Kalnin Ventures reported that its subsidiary, BKV Oil and Gas Capital Partners, has agreed to acquire Warren Resources' entire Northeast Marcellus position for $105 million.

The acreage is located in Pennsylvania’s Wyoming County. While the release didn't specify the exact acreage included in the deal, according to Warren's presentation, the company holds ~5,289 net acres in the area.

The assets include 35 producing wells, with another 23 proven and undeveloped (PUD) well locations in the lower Marcellus.  The asset produced 52 MMcf/d of gas according to Shale Experts Production database.

Tota…



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Oct-21-2019 - - Click here Pennsylvania  E&P
Jul-19-2019 - - Click here Pennsylvania  E&P
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Price History



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 - -