Texan oil and gas firms Southwestern Energy, Montage Resources to merge

Texan oil and gas firms Southwestern Energy, Montage Resources to merge

Southwestern Energy Company has agreed to acquire rival  Texas-based oil and gas Montage Resources Corporation in an all-stock deal. Montage Resources, which is presently focused on the Utica and Marcellus Shales of Southeast Ohio, West Virginia and North Central Pennsylvania, has nearly 195,000 net effective core undeveloped acres. The company was created following a merger […]