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January 24, 2013
07:17 EDTEQTEQT Corporation reports proved reserves increase 12% to 6.0 Tcfe
EQT Corporation reported year-end 2012 total proved reserves of 6,004 Bcfe, a 639 Bcfe net increase over the 5,365 Bcfe reported last year, with a reserve replacement ratio of 345%. The company's Marcellus proved reserves increased by 864 Bcfe. 2012 drill bit finding costs were 53c per Mcfe. The company's Marcellus proved developed producing additions totaled 309 Bcfe for a development cost of $1.26 per Mcfe. EQT estimates year-end 2012 total reserves, including proved, probable and possible reserves, at 25.9 Tcfe, an increase of 4.5 Tcfe over the 2011 estimate.
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July 16, 2014
17:36 EDTEQTEQT Corporation initiated with a Buy at Canaccord
Target $123.

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