EQT Announces Non-Operated Asset Transaction with Equinor
EQTEQT(EQT) Prnewswire·2024-04-15 20:00

PITTSBURGH, April 15, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in Northeast Pennsylvania, representing approximately 225 MMcf/d of forecasted 2025 net production. Consideration for the transaction is comprised of $500 million of cash and upstream and midstream assets as described below. Based on recent strip pricing, ...