6 May 2024
EQT expands US shale foothold with Marcellus asset grab
Publication date: 10 February 2017
Gas Strategies Group
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ISSN: 0964-8496
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EQT Corporation has bolstered its leadership position in US shale by snapping up more than 87,000 acres across two prolific plays following a bankruptcy auction.
The US gas exploration and pipeline firm paid Stone Energy USD 527 million for 53,400 acres across the Marcellus shale play and a further 44,100 acres in Utica.