Announced
Completed
Financials
Tags
Private
Integrated Oil and Gas
liquefied natural gas facility
gas production
oil company
United States
Domestic
Friendly
Acquisition
Majority
Single Bidder
Private Equity
Completed
Synopsis
Southwestern Energy, a natural gas exploration and production company, completed the acquisition of Indigo Natural Resources, a natural gas producer, from Yorktown Partners, an asset management firm, for $2.7bn. “This acquisition enhances Southwestern’s position as a leading natural gas producer and aligns with our disciplined strategy to generate free cash flow, enhance our balance sheet, optimize performance and build scale. Indigo has done a terrific job building its business, and its balance sheet strength, low cost structure and high-quality acreage position in the core of the Haynesville play accelerates the delivery of our strategic goals,” Bill Way, Southwestern Energy President and CEO.
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