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Indigo Natural Resources LLC

Company Summary

Description

Acquired by Southwestern Energy in September 2021.

Website

http://www.ndgo.com/

Operational Regions

  • Haynesville-Bossier Shale
  • Cotton Valley Play
  • Bossier Shale

Related Entities

Recent news

  • 12/13/2021 - Southwestern Energy... (subscriber access)
  • 9/1/2021 - Southwestern Closes on... (subscriber access)
  • 8/2/2021 - Southwestern Energy... (subscriber access)
  • 6/10/2021 - Cheniere Collaborating... (subscriber access)
  • 6/2/2021 - Southwestern Energy... (subscriber access)

Company Transactions

Date: 10/15/2021
Type: Acquisition

DETAILS:

COST: 2.7 $B

VOLUMES: 1.1 Bcfe/d

ACRES: 149000 Acres

NOTES:
Southwestern Energy has reached a deal to merge with privately held Indigo Resources in a $2.7 billion acquisition. Closing is targeted in early 4Q21. They will pay $400 million in cash, $1.6 billion in SWN common stock and assume $700 million in 5.375% Senior Notes due 2029.
REGIONS:
  • Haynesville-Bossier Shale
  • Date: 12/31/2019
    Type: Acquisition

    NOTES:
    DTE Midstream entered into a deal with Momentum Midstream and Indigo Resources to acquire a gathering system in the Haynesville Shale for $2.25 billion in cash and another $0.4 billion upon completion of the gathering line in the second half of 2020.
    REGIONS:
  • Haynesville-Bossier Shale