Peregrine Energy Partners is again adding to its portfolio in the Marcellus Shale, acquiring producing royalty properties from multiple private sellers, according to EIN Presswire.
The natural gas acquisitions were made in Tyler County, West Virginia from Antero Resources and Fayette County, Pennsylvania from Chevron. They were both finalized in the first week of October.
Both Antero Resources and Chevron sought to re-deploy the cash proceeds of their sales into other areas of their financial portfolios where they had more control of their assets.
Learn more: EIN Presswire > Peregrine continues royalty acquisitions in PA and WV
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