EV Energy Partners Readies Utica Shale Package For Sale

October 3, 2012

The first major assessment of the valuation of Ohio’s Utica Shale draws near as EV Energy Partners LP and its parent company, EnerVest LP, announced last week that recently de-risked Utica Shale holdings situated in the heart of the liquids-rich region are to be primed for sale before the end 2012.  Previous transactions in the Utica region occurred before widespread drilling began and were highlighted by the hope the play promised.  However, this transaction will be the first market test of the Utica Shale after the play has seen more than a year of drilling; at last demarcating the play’s potential with hard facts. Continue reading…