Marcellus/Utica Growth Continues for Rice Energy; Adds 22,000 Net Acres from Chesapeake
July 7, 2014
Rice Energy (ticker: RICE) is an independent natural gas and oil company engaged in the acquisition, exploration and development of hydrocarbons in the Appalachian Basin. The company filed its initial public offering in January 2014. Approximately 33% of the company’s shares are owned by management following the closing of $900 million in unsecured senior notes in April 2014. Proceeds from
