Marcellus Acquisition definition

Marcellus Acquisition means Chesapeake’s acquisition of Chief and associated non-operated interests held by affiliates of Radler and Tug Hill, which closed on March 9, 2022, with an effective date of January 1, 2022.
Sample 1
Marcellus Acquisition means Enerplus' initial acquisition of an average 21.5% working interest in the Marcellus Properties on September 1, 2009 pursuant to the Marcellus Purchase Agreement and the Marcellus JDA;
Sample 1
Marcellus Acquisition means the acquisition by Enerplus, through Enerplus USA, on September 1, 2009, of an average 21.5% working interest in approximately 116,000 net acres within Marcellus shale natural gas resource play in Northeastern United States for aggregate consideration of approximately US$411.0 million, which acquisition was structured in two components: (i) an approximate 8.6% working interest in the subject properties was conveyed to Enerplus at closing for cash consideration of
Sample 1

Examples of Marcellus Acquisition in a sentence

  • The pro forma statements of operations are presented to reflect the Marcellus Acquisition, the Vine Acquisition and Chesapeake's emergence from bankruptcy, and they do not represent what Chesapeake’s results of operations would have been had the Marcellus Acquisition, Vine Acquisition and Chesapeake's emergence from bankruptcy occurred on the date noted above, nor do they project the results of operations of the combined company following the transactions.

  • The pro forma statements of operations contained herein have been further adjusted to reflect the Marcellus Acquisition, as follows: • On March 9, 2022, Chesapeake and the Sellers completed the Marcellus Acquisition and under the terms and conditions contained in the Marcellus Agreements the Sellers received approximately $2.0 billion in cash and $764 million in Chesapeake's common stock based on Chesapeake's stock price as of March 9, 2022.

  • The deposit, plus interest thereon, will be credited against the purchase price if the Marcellus Acquisition is completed.

  • Fire exit to muster point marked with signage.• The list of all occupants including visitors was ready with HSE officer to hand over at muster point for head count.• Dedicated fire drilling security team and HSE & fire department personnel took their pre-decided location.Factory staff evacuating the factory upon hearing the Alarm • Exactly at 0957 hrs Fire Alarm was raised.

  • All fees associated with application and licensing of any temporary trading area or allocated outside space will be waived for the period 27th July 2020 to 31st January 2021 to assist Cafés and Restaurants etc.

  • Chesapeake has incurred certain nonrecurring charges in connection with the Marcellus Acquisition, the substantial majority of which consist of fees paid to financial, legal and accounting advisors, integration costs and filing fees.

  • The duties of the Engineer are defined by the Tender Documents for the Works and these Terms of Reference.

  • As at 30 June 2022, the Pre-IPO share options outstanding had a weighted average remaining contractual life of 0.75 years (31 December 2021: 0.60 years).

  • NOG’s recycle ratio (3.16x) and ROCE(25.4%) remain amongst the best in the industry• Dividend Declared• Starting off at 3c per quarter; future increases expected as Northernachieves long term leverage targets• Dividend growth has precedence over production growth• Non-Op Model goes National• Substantial Marcellus Acquisition.

  • The pro forma statements of operations reflect the following pro forma adjustments related to the Marcellus Acquisition, based on available information and certain assumptions that Chesapeake believes are reasonable.


More Definitions of Marcellus Acquisition

Marcellus Acquisition means the acquisition of an average 21.5% working interest in the Marcellus Properties pursuant to the Marcellus Purchase Agreement and the Marcellus JDA.
Sample 1
Marcellus Acquisition means the acquisition of certain assets in Pennsylvania by Endeavour Operating Corporation from SM Energy Company, Potato Creek LLC, Open Flow Gas Supply Corporation and SJ Exploration LLC (as sellers) for a consideration of approximately $110,000,000 pursuant to agreements entered into on 17 July 2011.
Sample 1
Marcellus Acquisition. ’ means the acquisition by Enerplus, through Enerplus USA, on September 1, 2009, of an average 21.5% working interest in approximately 116,000 net acres within Marcellus shale natural gas resource play in Northeastern United States
Sample 1Sample 2

Related to Marcellus Acquisition

  • Land acquisition means the taking of or alienation of land, buildings or other assets thereon for purposes of the Project.

  • Limited Condition Acquisition means any acquisition of an Acquired Entity or Business by the Borrower or any Restricted Subsidiary the consummation of which is not conditioned on the availability of financing.

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly owned Subsidiaries, whether by purchase, merger, amalgamation or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, or a product or a product candidate of, any Person; provided that:

  • Qualified Acquisition means any acquisition of either or both the capital stock or assets of any Person or Persons (or any portion thereof), or the last to occur of a series of such acquisitions consummated within a period of six consecutive months, if the aggregate amount of Indebtedness incurred by one or more of the Company and its Subsidiaries to finance the purchase price of, or assumed by one or more of them in connection with the acquisition of, such stock and property is at least $100,000,000.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred by virtue of such event.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Company Acquisition Transaction means any transaction or series of transactions (other than the Contemplated Transactions) involving:

  • Permitted Acquisition Indebtedness means Indebtedness or Disqualified Stock of the Company or any of its Restricted Subsidiaries to the extent such Indebtedness or Disqualified Stock was Indebtedness or Disqualified Stock of any other Person existing at the time (a) such Person became a Restricted Subsidiary of the Company or (b) such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, provided that on the date such Person became a Restricted Subsidiary or the date such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, as applicable, either

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such, or such earlier date as a majority of the Board of Directors shall become aware of the existence of an Acquiring Person.

  • Acquisition means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets of a Person, or of all or substantially all of any business or division of a Person, (b) the acquisition of in excess of 50% of the Capital Securities of any Person, or otherwise causing any Person to become a Subsidiary, or (c) a merger or consolidation or any other combination with another Person (other than a Person that is already a Subsidiary).