From Bakken to Haynesville: Riverbend Sells Nonop Assets for $1.8 Billion
Transaction Type
Sellers
Buyers
Basin
Williston Basin; Bakken Shale; Haynesville Shale; Fayetteville Shale; Appalachian Basin; Utica Shale
Announce Date
Post Date
Close Date
Estimated Price
$1,800.0MM
Description
Bought affiliates Riverbend Oil & Gas VI, VI-B and VIII comprising nonoperated assets in multiple shale plays including the Bakken within the Williston Basin plus the Fayetteville, Haynesville and Utica shales; assets produce an average of 47,000 boe/d from 11,000 wells.