Carrizo, Reliance sell their JV
Kalnin Ventures continues to grow in the Marcellus, announcing a pair of deals today for a combined $210 million.

The first deal involves the purchase of much of Carrizo’s (ticker: CRZO) Marcellus Shale assets. According to Carrizo, its Marcellus position amounts to 16,000 net acres with 131 Bcfe of reserves. Net production from these assets averaged 40 MMcf/d through 2017 so far. Kalnin Ventures will pay $84 million in cash for Carrizo's northeast and central Pennsylvania assets, with price-based contingent ...


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