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A&D - Korean investor shops stake in Tug Hill’s Marcellus-Utica program - June 2020
The Houston-based energy arm of South Korean investment firm Atinum Partners is marketing its interests in an active Marcellus-Utica development program operated by privately held Tug Hill Operating in West Virginia. Atinum Energy Investments is offering its non-op 38% WI in the assets, amounting to 8,100 net acres primarily in Marshall and Wetzel counties with net production of 31 MMcfe/d and PDP reserves of 90 Bcfe (40% liquids). Tug Hill has identified more than......
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