IOG Resources Acquires Utica Working Interests in Eastern Ohio
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IOG Resources has acquired non-operated working interests in the Utica Shale of the Appalachian Basin from an undisclosed seller.
The assets consist of approximately 175 developed wellbores and approximately 4,500 net acres of leasehold located in Eastern Ohio.
Current net production is approximately 26 mmcfe/d under top-tier operators including Antero, Encino, EOG, EQT, Expand, and Gulfport.
IOG Resources is a Texas-based energy investment platform formed in 2014 and sponsored by First Reserve since 2017. Together, IOGR Resources and First Reserve are focused on providing onshore producing non-operated oil and gas investments and structured drilling capital in North America.
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