US Coalbed

US Coalbed Exclusives

The partnership could serve as a launching point for continued growth in the region, analyst says.

Marcellus, A&D, Niobrara, deals, Washakie Basin, Warren Resources,  Escalera Resources,  M&A, liquidity, divestiture

The deal allows the company to secure $17 million more in liquidity and pay off $25 million in debt through the sale of noncore oil and gas assets and midstream. 

Since the release of the new mandates, several oil and gas industry organizations have voiced their opposition saying they are duplicative and “a step in the wrong direction.”