EQT shareholders voting to buy Alta Resources

EQT shareholders voting to buy Alta Resources

Wednesday, June 16, 2021 by Sara Welch

EQT shareholders will meet today to vote on the company’s deal to buy Alta Resources for $2.9 billion, according to Marcellus Drilling News.

The deal was proposed a little over a month ago. EQT announced in May it is floating $1 billion in new notes to help fund the deal.

The plan for the remaining $1.925 billion for the deal is floating 105,306,346 new shares of EQT common stock.

Learn more: Marcellus Drilling News > EQT shareholders vote July 16 on $2.9 deal to buy Alta Resources

Marcellus & Utica Shale Well Map

Additional Shale Maps

Source Rock Maturation Status Map

Class II Brine Injection Wells of Ohio

Northwest PA- Utica Point Pleasant Potential

Shale FAQ

What are mineral rights?

Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.

Will I get free natural gas if I allow fracking on my property?

Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.

View Entire FAQ

About Shale Gas Reporter

Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.