STL Outmaneuvers Rival Bidders to Snag Bankrupt Tilden Marcellus
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin; Marcellus Shale
Announce Date
Post Date
Close Date
Estimated Price
$26.0MM
Description
Purchased shale natural gas assets previously owned by Tilden Marcellus through a Chapter 11 bankruptcy auction; includes 100% WI and operatorship of natural gas wells across about 24,000 net mineral acres in Tioga and Potter Cos., PA, located in the Marshlands Field in the core of the Marcellus and Utica shale dry gas fairway.