Chevron Corporation and Atlas Energy, Inc. announced today Chevron would acquire Atlas Energy for cash of $3.2 billion and assumed pro forma net debt of approximately $1.1 billion. The acquisition will provide Chevron with an attractive natural gas resource position primarily located in southwestern Pennsylvania’s Marcellus Shale. The acquisition is subject to certain Atlas Energy restructuring transactions, approval by Atlas Energy shareholders and regulatory clearance.
NewsClip: Chevron To Buy Atlas Energy In $4.3 Billion Deal
Links
DEP Fines Atlas For Violations At 13 Well Sites In Fayette, Washington, Greene Counties
Atlas, Reliance To Buy 42,344 More Acres Of Marcellus Shale For $192 Million
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