EOG Resources Sells Marcellus Shale Assets for $130 Million

Transaction Type

Sellers

EOG Resources Inc.

Buyers

Basin

Appalachian Basin; Marcellus Shale

Announce Date

Thu, 11/05/2020 - 12:00 PM

Post Date

Sep 1, 2020

Close Date

Tue, 09/01/2020 - 12:00 PM

Estimated Price

130MM

Description

Bought Marcellus Shale assets with current production of about 40 MMcf/d of natural gas; no premium locations were associated with the assets.