HG Energy Rumored to be Shopping Itself for Sale – Asking Price $3B
Bloomberg News (not the most reliable source) is reporting that HG Energy, a Marcellus/Utica driller headquartered in Parkersburg, West Virginia, is considering selling itself for $3+ billion. HG is a privately held company established on January 1, 2011 with backing from private equity firm Quantum Energy Partners. Where are the company's assets located?
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