EQT 2013 Year in Review: Proved Reserves Up 38% from 2012

EQT became the latest driller to announce huge volumes of proved reserves in the Marcellus and northeast shale plays--8.3 trillion cubic feet equivalent, to be exact. That's up 2.3 Tcfe (or 38%) from just a year ago. Total proved, probable and possible (3P) reserves by end of 2013 stood at 36.4 Tcfe, an increase of 10.5 Tcfe, or 40%, over the 2012. They also doubled net income during 4Q13 over 4Q12. Clearly this is a company on the grow--particularly in the Marcellus. Here's a look back at EQT's stellar 2013, by the numbers...

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