Announced
Financials
Sources
Tags
Friendly
Single Bidder
Integrated Oil and Gas
Majority
Domestic
United States
Infrastructure
Pending
oil and gas assets
Private
Acquisition
Synopsis
Flywheel Energy, an oil and gas exploration and production company, agreed to acquire Arkansas shale gas assets from Exxon, an oil and gas company. Financial terms were not disclosed. The assets under agreement include approximately 5k natural gas wells - 850 operated and approximately 4.1k non-operated - and related pipeline and processing properties across approximately 381k acres.
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