One-Page Deal Sheet
PDC Energy Enters the Utica Shale Play in Southeastern Ohio
PDC Energy, Inc. Not Disclosed
Announced Date
September 08,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
50
Location
Calculated Metrics( EV/Category)
Region
Northeast
Country
United States
State
Ohio
County
Noble ,Monroe ,Morgan ,Guernsey
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Petroleum Development Corporation announced the Company has executed agreements with multiple parties to acquire acreage targeting the wet gas (liquid rich) and oil phases of the Utica Shale play in multiple counties throughout southeastern Ohio.
Project Overview
The Company has the right, after confirmation of title, to acquire an estimated 30,000 net acres in the prospective Utica Shale play located primarily in Noble, Monroe, Washington, Morgan and Guernsey counties of Southeastern Ohio. Approximately 75% of the acreage is Held by Production ("HBP") from shallow producing wells. The HBP…| Announced Date | Buyer | Seller | Deal Value($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 |
- |
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Click here | Pennsylvania | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-08-2025 | Infinity Natural and Northern Oil & Gas Acquire Antero's Ohio Utica for $1.2B | - |
- |
| May-30-2025 | EOG Acquires Utica Liquids Focus Encino For $5.6 Billion | - |
- |
| Dec-05-2024 | CNX Acquires Apex’s Appalachian Gas & Midstream Assets for $505MM | - |
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