India’s Reliance Sells Marcellus Shale Position to Northern Oil and Gas
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin; Marcellus/Utica
Announce Date
Post Date
Close Date
Estimated Price
$250.0MM
Description
Acquired a 27% blended WI and 64,000 net acres in the Marcellus Shale of the Appalachian Basin in SW PA; assets were producing approximately 120 MMcfe/d of natural gas at the effective date of July 1, 2020 net to Northern.