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  • Data analysis Stone Energy Divests Appalachia Assets for $527 Million

    Stone Energy has sold all of its approximately 86,000 net acres in the Appalachia regions of Pennsylvania and West Virginia, including approximately 53,000 core net Marcellus acres and drilling rights on approximately 44,000 net acres in the Utica, to EQT Corporation, through its wholly-owned subsidiary EQT...

    Stone Energy Divests Appalachia Assets for $527 MillionData analysis
    Global Deals

    Stone Energy has sold all of its approximately 86,000 net acres in the Appalachia regions of Pennsylvania and West Virginia, including approximately 53,000 core net Marcellus acres and drilling rights on approximately 44,000 net acres in the Utica, to EQT Corporation, through its wholly-owned subsidiary EQT Production Company (EQT), for a sales price of $527 million.

    Stone Energy expects to close the sale of the assets by 28-Feb-2017.

    View Stone Energy press release

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