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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

CNX Acquires Apex’s Appalachian Gas & Midstream Assets for $505MM

Not Disclosed Not Disclosed
AnnouncedDec 5, 2024
TypeAsset
LocationMarcellus Shale,Utica Shale
Announced Date
December 05,2024
Effective Date
October 01,2024
Close Date
January 27,2025
Transaction Type
Asset
Enterprise Value (EV)($MM)
505




Snapshot
Asset/Basin:
["Appalachian Basin"]
TargetZones:
["Marcellus Shale",
Net Acres
Location
Region
Northeast - Appalachia

Country
United States

State
Pennsylvania

County
Westmoreland

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Production ($/Mcfe/d)

Transaction Details:  Require Private Equity Subscription


Source : Require Private Equity Subscription

Northeast - Appalachia Deal Activity In Last 12 Months



Other Northeast - Appalachia Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-02-2026 - - Click here Texas  E&P
Jan-08-2026 - - Click here West Virginia  E&P
Dec-08-2025 - - Click here West Virginia  E&P
Dec-08-2025 - - Click here Ohio  E&P
May-30-2025 - - Click here Ohio  E&P

Price History



Date Deal Headline Price$/acre
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank - -
Dec-08-2025 Antero Resources Acquires HG Energy II for $3.9B - -
Apr-22-2025 EQT Acquires Olympus Energy Assets For $1.8 Billion - -