Appalachia Players Eclipse, Blue Ridge Mountain To Merge
Transaction Type
Basin
Appalachian Basin; Marcellus/Utica
Announce Date
Post Date
Close Date
Estimated Price
$345.0MM
Description
Acquired Irving, TX-based Blue Ridge Mountain through merger; creates Montage Resources with about 227,000 net effective undeveloped core acres across the Appalachia Marcellus and Utica shales plus 500-560 MMcfe/d of pro forma production. (Completed; PSA announced August 2018)
Editor's note: Transaction value calculated by Seaport Global Securities LLC.