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 […]

Eclipse Resources, Blue Ridge to merge as $1.4bn Utica-focused gas operator

Eclipse Resources, Blue Ridge to merge as $1.4bn Utica-focused gas operator

Energy acquisition news : Rival oil and gas companies Eclipse Resources and Blue Ridge Mountain Resources have signed an all-stock merger deal to form a $1.4 billion Utica-focused gas operator. While Eclipse Resources is headquartered in State College, Pennsylvania, Blue Ridge Mountain Resources is based in Irving, Texas. The enlarged US oil and gas company […]