Blackstone weighs sale of natural gas explorer Olympus Energy

Private own capital Blackstone discusses Olympus’s energy sales, located in the Rulesburg, Rulesburg, Bloombergciting people familiar with the question.

The sale of natural gas scouts in the Apalachian region can be about $ 2 billion.

The alternative asset manager works with financial advisers to find a possible buyer for a natural gas company.

No final decision has been made, and Blackstone can choose to maintain property. The discussions are currently confidential, sources are reported.

The representative of Blackstone refused to comment on the issue, and the energy of Olympus has not yet responded to the requests of the comment, the publication reports.

2012 year. It was founded as a Huntley & Huntley Energy Study, Olympus Energy, which was transformed in 2019, about 100,000 people in south-West Pennsylvania, the United States.

At the beginning of 2024, Chesapeake energy agreed to unite with a $ 7.4 billion transaction with Southwestern energy, forming the largest natural natural gas producer. This merged person is now known as expansion.

Blackstone company oversees more than 1trn dollars in assets.

In November 2024, Blackstone Credit & Insurance (BXCI), a unit of Blackstone, formed a MidStream Joint Venture: (JV) US natural gas producer EQT.

JV covers EQT basic infrastructure assets, including mountain valley (MVP), transmission and maintenance facilities and Hammerhead pipeline.

According to the terms of the deal, BXCI is obliged to invest $ 3.5 billion for non-resumable capital shares, scoring $ 8.8 billion.

“Blackstone weighs natural gas research Olympus Energy” originally created and published Offshore technologyGlobaldata owned brand.

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