The rumors were right. Yesterday we brought you the news (rumors), as reported by both Reuters and Bloomberg, that EQT… Continue reading The post Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
In June, MDN brought you the news that Tug Hill was shopping its THQ Appalachia division (Tug Hill’s West Virginia… Continue reading The post EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
After several weeks of anemic permit numbers for Pennsylvania, last week PA came roaring back by issuing 30 permits to… Continue reading The post 45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Tug Hill Operating is focused on acquiring, exploring, developing, and producing oil and natural gas in the onshore U.S. with… Continue reading The post Tug Hill’s THQ Appalachia Shops Itself for $5 Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
All three M-U states received permits to drill new shale wells last week. Pennsylvania received 22 new permits. Ohio received 2 new permits. And West Virginia received 8 new permits.This post appeared first on Marcellus Drilling News.
EQT announced yesterday it has closed on a deal to sell “certain non-strategic assets” to Diversified Gas & Oil (DGO) for $125 million, plus another potential $20 million later on. MDN first told you about this deal on May 13 (see Diversified Buys 900 EQT Wells (67 Shale Wells) for $125M). This is the first