Last September, EQT Corporation announced it was buying privately-owned Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion). However, the Bidenistas at the Federal Trade Commission (FTC) got involved slowing down the deal. Because of the FTC dragging its feet, EQT and Tug…
The post Bidenistas at FTC Clear EQT to Complete Buyout of Tug Hill & XcL first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.