Name: EQT acquires Appalachian-focused Rice Energy for US$8.1 billion
Brand: Wood Mackenzie
SKU: 69139
Price: 1650 USD
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Author: Wood Mackenzie

Deal Insight 22 June 2017

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On 19 June 2017, EQT announced it would acquire Rice Energy for a total deal consideration of $8.1 billion, including the assumption of $1.5 billion in debt. EQT will gain 187,000 net acres in the core of the southwest Marcellus, adjacent to the company's existing leasehold, plus an additional 65,000 net acres in the Lean Gas Core sub-play in the Utica. The Marcellus acreage is a particularly good fit for EQT, as it will allow them to increase their average lateral lengths to more ...</div>
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<p class="font-regular" >EQT acquires Appalachian-focused Rice Energy for US$8.1 billion</p>
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