Kalnin Ventures Acquires Nonop Stake In Marcellus Shale Wells

Transaction Type

Sellers

Zena Energy LLC

LSB Industries Inc.

Buyers

Basin

Appalachian Basin

Announce Date

Tue, 05/16/2017 - 12:00 PM

Post Date

May 16, 2017

Close Date

Tue, 05/16/2017 - 12:00 PM

Estimated Price

$16.2MM

Description

Purchased nonoperating portfolio in NE portion of the Marcellus Shale in Wyoming County, PA; includes interests in 34 wells.

Kalnin Ventures Acquires Nonop Stake In Marcellus Shale Wells