BKV closes Barnett Shale acquisition; raises $575M convertible notes
BKV closed a Barnett Shale acquisition adding >65 MMcfe/d (50%+ liquids), ~0.35 Tcfe PDP and 117,000 acres plus CCS and a 180 MMcf/d plant, funded with $575M (up to $650M) 1.625% convertible notes due 2031 and capped calls (cap $48.20).