
EQT Corporation (NYSE:EQT) is in negotiations to acquire THQ Appalachia I for $4 billion after including debt, per a Reuters report.
THQ Appalachia is an exploration and production company that engages in the Marshall and Wetzel counties of West Virginia. It has a net production of 760 million cubic feet per day. Natural gas producer, Tug Hill Operating, and investment firm, Quantum Energy Partners, own the upstream company.