Deals & Trends

The company is focusing on other opportunities such as the Utica Shale, analyst says.

Non-free

With the acquisition, the company’s total estimated net reserve potential is about 90 MMboe.

Non-free

Analysts said the acquisition increases the company’s liquids rich Butler County, Pa., acreage by at least 80%.

Non-free

Magnum’s Bakken assets are estimated to be worth $350 to $450 million.

Non-free

Kinder Morgan would become the third-largest energy company in North America with a combined enterprise value of about $140 billion.

Non-free

A Blackstone/Shell deal would follow a parade of gas-acreage sales by oil companies including Shell and Apache Corp. (NYSE: APA).

Non-free