One-Page Deal Sheet
Titan Energy Sells Appalachia Assets For $84 million
Not Disclosed Not Disclosed
Announced Date
May 05,2017
Effective Date
April 01,2017
Close Date
June 30,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
84
Asset/Basin:
{"Appalachian Basin",Marcellus}
TargetZones:
{"Marcellus Shale"}
Location
Region
Northeast
Country
United States
State
Pennsylvania
Play
Production Production
34 Mmcfe/d
Transaction Details:
Titan Energy, Formerly Atlas Resources is selling its Marcellus and conventional Appalachia assets to Diversified Gas and Oil for $84.2 million. The property spans multiple states ( Pennsylvania, Ohio, Tennessee, New York and West Virginia) and produced 30 MMcfepd (94% gas). The company retains the deeper Utica rights.
| Announced Date | Buyer | Seller | Deal Value($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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