US shale-gas producers in $6.7Bln merger to create Marcellus giant for American LNG exports

Tuesday, 20 June 2017

Two of the largest US shale-gas producers, EQT Corp. and Rice Energy, have agreed to merge in a transaction valued at $6.7 billion to create the nation’s largest producer, holding 1 million net acres of the Marcellus Shale play to feed America’s LNG export and gas-fired power plans.


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Last modified on Tuesday, 20 June 2017 06:14
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