EQT stepped in front of a pair of rivals to buy the Marcellus Shale assets of Stone Energy at a bankruptcy auction for $527 million.
The asset package includes 53,400 net acres prospective for the Marcellus in Wetzel, Marshall, Tyler, and Marion counties in West Virginia in what EQT called its “core development area” as well as another 20,000 acres outside EQT’s focus area.
The
