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BRIEF-EQT announces bid to acquire 53,400 core Marcellus acres for $527 mln
February 9, 2017 / 11:58 AM / 10 months ago

BRIEF-EQT announces bid to acquire 53,400 core Marcellus acres for $527 mln

Feb 9 (Reuters) - EQT Corp

* EQT announces successful auction bid to acquire 53,400 core Marcellus acres for $527 million

* EQT Corp - acquisition includes approximately 173 new Marcellus locations

* EQT Corp - also included in deal are 20 miles of gathering pipeline and an additional 32,000 acres outside company’s core development area

* EQT Corp - EQT will finance acquisition with cash-on-hand Source text for Eikon: Further company coverage:

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