Citrus Energy Corp.

Transaction Type
Sellers
Marketers
Basin
Appalachian
Post Date
Close Date
Estimated Price
MM
Description

Citrus Energy Corp. has retained Meagher Energy Advisors to offer nonproducing Marcellus shale assets in western Pennsylvania and southern New York.

The package includes 3,598 gross acres (3,217 net) in Venago and McKean counties in Pennsylvania and Cattaraugus and Allegheny counties in New York. The Venago County assets includes 1,328 gross (1,328 net) acres in a contiguous block. The McKean County and New York assets include 2,219 gross (1,839 net) acres. Net revenue interests delivered is 97.5%

The bid due date is Feb. 10. The effective date is Feb. 1. The closing date is Feb. 25. Contact Nicholas Asher, 303-721-6354 ext. 260, nasher@meagheradvisors.com.