EQT Buys Marcellus Shale Holdings From Chesapeake
The Pittsburgh Post-Gazette reports EQT Corp. has announced it’s spending $113 million to buy approximately 99,000 acres of land holdings in southwestern Pennsylvania from the state’s top gas driller, Oklahoma City-based Chesapeake Energy. From the Post-Gazette: The acreage includes 67,000 Marcellus acres and 32,000 Utica Shale acres. Of the total purchase price, $60 million is for the [...]