Lawyers from Norton Rose Fulbright’s Dallas and Houston offices advised Montage Resources Corporation on its all-stock sale to Southwestern Energy Company.
The transaction, which is expected to close at the end of the year, will form the third-largest (by acres leased) oil and natural gas producer in the Appalachian Basin. The merger will create a company of substantial scale and increased capabilities totaling in a combined 786,187 net acres.
Montage Resources, constructed through a prior combination of Eclipse Resources and Blue Ridge Mountain Resources, is an exploration and production company focusing on undeveloped land in Ohio, West Virginia and Pennsylvania.
Southwestern is an independent energy company engaged in natural gas, natural gas liquids and oil exploration, development, production and marketing.
Bryn Sappington (Dallas, Houston) and Trevor Pinkerton (Houston) led the team with assistance from Todd Schroeder, Alex Clark, Evan Hardee (Dallas), Rishika Sengupta, Ryan Searfoorce and Amelia Xu (Houston).