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Southwestern Energy Buys 162K PA Marcellus Acres from Chesapeake | Marcellus Drilling News
Southwestern Energy announced yesterday that they've picked up 162,000 Marcellus Shale acres in northeastern Pennsylvania from Chesapeake Energy for $93 million. Along with the acreage comes 17 producing (1.2 net) wells with a (very small) 2 million cubic feet of net production per day. The Southwestern purchase nearly doubles the amount of their Marcellus Shale