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Utica Shale’s M&A Activity Quiets Down

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By Emily Moser, Hart Energy
June 20, 2014

Pittsburgh—Mergers and acquisitions activity in the Utica Shale appears to be cooling off for the time being, said Tim Rezvan, senior research analyst at Sterne Agee.

The Utica has been a hotbed of deal activity for the past several years with land going anywhere between $10,000 to $15,000 per acre. Rezvan said he doesn’t expect to see any other large-scale acquisitions in the play for a couple of years until the first wave of exploration passes through.

“The industry remains in the earliest stages of actually delineating what we believe ...

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