PDC in $152.5m Marcellus buy

Marcellus buy: PDC snaps up West Virginia acreage

related stories

Luke Johnson

 26 September 2011 22:08 GMT

PDC Mountaineer (PDCM), a joint venture between PDC Energy and Lime Rock Partners, has agreed to buy Marcellus-focussed Seneca-Upshur, the petroleum unit of the UK’s National Grid, for $152.5 million.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index