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SW Energy snaps up assets in Marcellus, Utica

By Washington Examiner
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HOUSTON (AP) — Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy.

The acquisition includes 256 operated and producing horizontal wells in the Marcellus and Utica shale regions, and an additional 179 non-operated or non-producing wells in the same areas.

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