美国Carbon Natural Gas Company收购西维吉尼亚州天然气资产

Carbon Natural Gas Company has acquired producing natural gas wells and natural gas gathering facilities assets located in the Company’s Appalachian Basin operating area. The purchase price of the acquired assets is $9,000,000 with an effective date of October 1, 2016. Funds for the acquisition were provided from borrowings from a newly established reserves-based lending facility provided by LegacyTexas Bank. The acquired assets will significantly increase the natural gas production of the company and will position the company to generate additional shareholder value through increased cash flow, significantly reduced general and administrative expenses, along with increased financial and operational flexibility.The acquisition is comprised of approx. 2,300 natural gas wells.The average working interest and average net revenue interest of the acquired wells is 95% and 79%, respectively.The acquisition includes over 900 miles of natural gas gathering pipelines and associated compression facilities.Carbon will operate the wells and the gathering systems.