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DewDiligence

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DewDiligence

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Tuesday, 10/27/2020 7:23:36 PM

Tuesday, October 27, 2020 7:23:36 PM

Post# of 954
CVX sells Appalachian Basin upstream/midstream assets to EQT for $735M:

https://finance.yahoo.com/news/eqt-announces-acquisition-chevrons-appalachia-200500303.html


• Current net production of approximately 450 MMcfe per day; 75% gas / 25% liquids
• Approximately 100 work-in-progress wells
• Approximately 125,000 core net Marcellus acres; 335,000 total net Marcellus acres
• 31% ownership interest in Laurel Mountain Midstream
• Two water systems and associated infrastructure located in PA and WV

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the foremost piece of B.S. ever promulgated
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Volume:
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  • 6M
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