Rice Energy founders Toby Z. Rice and Derek A. Rice are hitting back at EQT Corp.'s 2019 development plan, claiming that it "will not capture the company's full value."
The brothers have made several moves to assert more control over EQT, including launching a website outlining its prerogative.
More developments on this will be reported as they emerge.
Rice Energy was acquired by EQT in a $8.2 billion-dollar deal back in late 2017, but the Rices retain a shareholding position.
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Frac / Completion Crew (s) | ||||
Wells Completed/Frac(net) |
Production Daily Equivalent(mmcfe/d) |
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