Exploration & Production Geology
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EQT to acquire Statoil-operated Marcellus acreage for $407 m
http://www.epgeology.com/news-f37/eqt-acquire-statoil-operated-marcellus-acreage-for-407-t12118.html
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Author:  NewsPoster [ Tue May 03, 2016 11:50 am ]
Post subject:  EQT to acquire Statoil-operated Marcellus acreage for $407 m

OGJ Production News

EQT Corp., Pittsburgh, has agreed to acquire 62,500 net acres and current production of 50 MMcfd of natural gas equivalent in the Marcellus shale from Statoil USA Onshore Properties Inc. for $407 million. The deal is expected to close on or about July 8.



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