CNX Sells West Virginia Wet Gas Gathering System to CNX Midstream Partners LP For $265 million
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin
Announce Date
Post Date
Close Date
Estimated Price
$265.0MM
Description
Purchased in a dropdown 95% interest in the Shirley-Pennsboro gathering system in the core wet gas region of the Marcellus Shale in WV; currently have about 180 MMcfe/d of flowing production.