Appalachian basin-focused Southwestern Energy closed the $1.86 billion sale of its Fayetteville shale position in Arkansas, as it sharpens focus on its 481,517-net-acre core position in the Appalachian Basin. Buyer Flywheel Energy clinches its debut acquisition as a new E&P company after securing a $700 million equity commitment from the Kayne Private Energy Income Funds platform in early September, when the deal was announced. Flywheel acquired 917,842 net acres (54% developed) with ~1,700 drilling......
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