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UPDATES
January
2010 - EQT Production Co. will expand its Marcellus Shale
presence into NE Pennsylvania and southern New York through a new
partnership with leasing company Endless Mountain Energy LLC
of Olyphant, Pa. EQT has drilled over 30 directional
Marcellus Shale gas wells in SW Pennsylvania.
March 2010 – In a 90% stock / 10% cash deal
valued at $280 million, EQT Corp. will soon
acquire 58,000 acres in Cameron, Clearfield, Elk and
Jefferson counties of Pennsylvania that include about
100 producing wells. This will boost EQT’s Marcellus
Shale leaseholds to over 500,000 acres. |