Titan Energy sells 8,400 wells to Diversified Gas & Oil

Titan Energy, which entered the Marcellus shale play in 2016 with the acquisition of Atlas Resource Partners’ assets, is selling wells in Pennsylvania, West Virginia and Ohio for $84.2 million to Alabama-based Diversified Gas & Oil PLC, reports the Pittsburgh Business Times. The sale includes 8,400 conventional wells in Pennsylvania, West Virginia, Ohio, Tennessee and New York. The Business Times says Texas-based Titan Energy will retain its Utica shale play portfolio as well as coal-bed methane assets in West Virginia and Indiana. For more, read the full story.

Ohio, Pennsylvania, West Virginia