PITTSBURGH, March 2, 2010 /PRNewswire-FirstCall/ -- EQT Corporation (NYSE: EQT) today announced that it will acquire approximately 58,000 net acres in the Marcellus Shale from a group of private operators and landowners. The acreage is located primarily in Cameron, Clearfield, Elk and Jefferson counties in Pennsylvania. The purchase includes a 200 mile gathering system, with associated rights of way, and approximately 100 producing vertical wells.
At closing, EQT will pay approximately $280 million, ....read MORE
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