Southwestern Energy Expands Acreage in Marcellus
December 3, 2014
Southwestern announced yesterday the addition of 46,700 net acres to its expanding Marcellus play. Southwestern Energy Company (ticker: SWN) released a statement yesterday saying that it has signed an agreement to purchase oil and gas assets, including approximately 46,700 net acres in northeast Pennsylvania, from WPX Energy, Inc. (ticker: WPX) for approximately $300 million. The acreage is currently producing approximately
