M&A Deal Summary |
|
---|---|
Date | 2013-05-03 |
Target | Chesapeake Marcellus Acreage and Wells |
Sector | Oil/Gas Exploration |
Buyer(s) | EQT |
Sellers(s) | Chesapeake Energy |
Deal Type | Divestiture |
Deal Value | 113M USD |
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Category | Company |
---|---|
Founded | 1878 |
Sector | Oil/Gas Exploration |
Employees | 881 |
Revenue | 5.1B USD (2023) |
EQT is an integrated energy company, with an emphasis on Appalachian area natural gas supply, transmission and distribution. EQT was founded in 1878 and is based in Pittsburgh, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 4 of 12 |
Sector (Oil/Gas Exploration) | 1 of 6 |
Type (Divestiture) | 2 of 4 |
State (Pennsylvania) | 3 of 8 |
Country (United States) | 4 of 12 |
Year (2013) | 1 of 1 |
Size (of disclosed) | 5 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-01-04 |
EQT Kentucky Natural Gas Processing Complex
Kentucky, United States EQT Kentucky Natural Gas Processing Complex includes a 100 million cubic feet per day (MMcfd) cryogenic processing plant, a 75 MMcfd refrigeration processing plant, and approximately 28,000 horsepower of compression. |
Sell | $230M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-07-15 |
Sunrise Pipeline
United States Sunrise Pipeline, a 41.5 miles of 24-inch diameter FERC-regulated pipeline that parallels and interconnects with the segment of the Partnership’s transmission and storage system from Wetzel County, West Virginia to Greene County, Pennsylvania. |
Sell | $508M |
Category | Company |
---|---|
Founded | 1989 |
Sector | Oil/Gas Exploration |
Employees | 1,000 |
Revenue | 7.8B USD (2023) |
Chesapeake Energy produces natural gas and is a major producer of oil and natural gas liquids in the U.S., with an industry-leading portfolio of high-quality unconventional assets in top onshore plays. Chesapeake Energy was incorporated in 1989 and is based in Oklahoma City.
DEAL STATS | # |
---|---|
Overall | 4 of 9 |
Sector (Oil/Gas Exploration) | 4 of 6 |
Type (Divestiture) | 4 of 8 |
State (Pennsylvania) | 1 of 1 |
Country (United States) | 4 of 9 |
Year (2013) | 1 of 2 |
Size (of disclosed) | 5 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-12-11 |
Chesapeake Midstream Operating
Oklahoma City, Oklahoma, United States Chesapeake Midstream Operating, L.L.C. consists of natural gas gathering and processing assets in the Eagle Ford, Utica and Niobrara liquids-rich plays. |
Sell | $2.2B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-08-01 |
Chesapeake Energy - Mississippi Lime Midstream Assets
Mississippi, United States Chesapeake Energy - Mississippi Lime Midstream Assets consists of: Rose Valley I plant: 200 mmcfd cryogenic processing plant, expected to be operational first quarter 2014 and Rose Valley II plant: 200 mmcfd cryogenic processing plant, expected to be operational first quarter 2016. |
Sell | $300M |