American Energy Partners Inc. recently announced its plans to acquire three small oil and natural gas producers in western Pennsylvania and West Virginia, according to Natural Gas Intelligence.
The deal is valued at nearly $11 million. American Energy Partners Inc. said it would acquire all of the stock and units of the three undisclosed companies.
The deal includes 467 wells that are producing 1.25 Bcfe/d and midstream assets scattered across 695 acres of 100%-owned surface and mineral rights. There are no drilling commitments or obligations for the properties.
Learn more: Natural Gas Intelligence > Pennsylvania operator acquiring three small Appalachian natural gas producers
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