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New Deal


Announced

WhiteHawk to acquire a 25% stake in Marcellus Shale assets from Three Rivers Royalty for $52m.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Integrated Oil and Gas

Private

Minority

Single Bidder

natural gas assets

United States

Acquisition

Domestic

Friendly

Pending

Synopsis

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WhiteHawk, a mineral acquisition company, agreed to acquire a 25% stake in Marcellus Shale assets from Three Rivers Royalty, a mineral and royalty acquisition company, for $52m. WhiteHawk is focused on acquiring mineral and royalty interests in top tier oil and gas resource plays, including the Permian Basin, Eagle Ford Shale, and Marcellus Shale.

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