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Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

PennEnergy Bids $600 Million for Rex Energy Property; Bolt-On

Not Disclosed Not Disclosed
AnnouncedAug 29, 2018
TypeProperty
LocationMarcellus Shale
Announced Date
August 29,2018
Close Date
September 28,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
601




Snapshot
Asset/Basin:
{Appalachia,Marcellus}
TargetZones:
{"Marcellus Shale"}
Net Acres
Proved Reserves

Location
Region
Northeast

Country
United States

State
Pennsylvania

County
Butler ,Lawrence ,Allegheny ,Beaver

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Production ($/Mcfe/d)

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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

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 - -