PHILADELPHIA, PA — WhiteHawk Energy, LLC has completed its $118 million acquisition to significantly expand its assets in the Marcellus Shale region. The transaction doubles the company’s ownership interests across 475,000 gross unit acres in Washington and Greene counties, Pennsylvania, bolstering its holdings in one of the most prolific natural gas regions in the United States.
The acquisition, effective January 1, 2025, adds production from more than 1,400 wells and increases WhiteHawk’s total mineral and royalty interests in the Marcellus and Haynesville Shale plays to approximately 1,050,000 gross unit acres. This includes over 3,400 producing wells across its portfolio. Key operators for the newly acquired assets include leading industry names such as EQT, Range Resources, and CNX Resources, signaling continued strong performance and reliability for the acquired properties.
Daniel C. Herz, CEO of WhiteHawk, emphasized the strategic value of this purchase, stating, “The 2025 Marcellus Acquisition provides WhiteHawk additional production, line-of-site development, undeveloped inventory, and cash flow from our core Appalachia position. This acquisition consolidates our position in the Marcellus Shale, which offers proven and predictable output alongside the lowest break-even drilling costs in the U.S.”
WhiteHawk now controls Marcellus Shale assets spanning 675,000 gross unit acres with output from 2,068 horizontal wells. Additionally, its portfolio includes interests in 141 wells-in-progress, 66 permitted wells, and more than 1,700 undeveloped drilling locations, with further resource potential in the Utica Shale.
The company also maintains a strong foothold in the Haynesville Shale, with assets covering 375,000 gross unit acres and over 1,300 producing wells, alongside an extensive inventory of wells in development and planned locations. Key operators in this region include Expand Energy, Aethon Energy Management, and Comstock Resources.
This acquisition marks WhiteHawk’s sixth transaction in the past three years, reflecting a deliberate growth strategy that strengthens its presence in top-tier natural gas plays and ensures long-term production and cash flow stability.
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