Bidenistas at FTC Clear EQT to Complete Buyout of Tug Hill & XcL

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…

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EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion

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.

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