Bkv Corporation Purchases Barnett Shale Upstream And Midstream Assets From Exxonmobil
Acquiring Company
BKV Corporation
Acquired Company
MIDSTREAM
DenverEnergySustainabilityOil And GasNatural ResourcesFinancial Servicesoil & energyDescription
BKV Corporation ("BKV" or "the Company") today announced that its subsidiaries have closed on the purchase of natural gas upstream and associated midstream infrastructure in the Barnett Shale region of North Texas from XTO Energy, Inc., and Barnett Gathering LLC, subsidiaries of Exxon Mobil Corporation, for $750 million. Depending on future natural gas prices, additional contingent payments may be incurred along with typical closing adjustments.
Quick answer
BKV Corporation is acquiring MIDSTREAM and BARNETT SHALE UPSTREAM ASSETS, announced July 1, 2022. BKV Corporation is based in Denver, Colorado, United States.
- How much did BKV Corporation pay for MIDSTREAM?
- The deal value was not disclosed.
- What does BKV Corporation do?
- Headquartered in Denver, Colorado, BKV Corporation (BKV) is a privately held natural gas exploration and production company that seeks to deliver reliable, sustainable energy to the community.
- Where are BKV Corporation and MIDSTREAM based?
- BKV Corporation is based in Denver, Colorado, United States.
- Who are the decision-makers at BKV Corporation?
- Fundz holds 2 contacts at BKV Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at BKV Corporation, and when
When BKV Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired MIDSTREAM?
MIDSTREAM was acquired by BKV Corporation, based in Denver. The deal was reported on July 1, 2022. Headquartered in Denver, Colorado, BKV Corporation (BKV) is a privately held natural gas exploration and production company that seeks to deliver reliable, sustainable energy to the community. BKV Corporation is publicly traded (BKV) and operates in Energy.
When did BKV Corporation acquire MIDSTREAM?
BKV Corporation's acquisition of MIDSTREAM was reported on July 1, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MIDSTREAM do?
MIDSTREAM is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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