BKV Launches IPO to Capture Upside of Natural Gas-Heavy Holdings in Barnett, Marcellus
Denver-based BKV Corp., the largest natural gas producer in the Barnett Shale, on Monday launched a bid to take the company public.
Denver-based BKV Corp., the largest natural gas producer in the Barnett Shale, on Monday launched a bid to take the company public.
The Barnett Shale’s top natural gas producer, BKV Corp., has secured a contract to develop and sell carbon sequestered gas, aka CSG, to a Texas facility at a “premium over Henry Hub prices.”
BKV Corp., the largest natural gas producer in the Barnett Shale, is planning to go public as global demand soars.
BKV Corp. has closed on the $750 million purchase from ExxonMobil subsidiaries XTO Energy Inc. and Barnett Gathering LLC of a package of upstream and midstream natural gas assets in the Barnett Shale.