Questar Corp. subsidiary Questar Market Resources is buying Uintah Basin producer Shenandoah Energy (SEI) for $406 million in cash and debt. The deal boosts Questar’s proved gas reserves by 59% (415 Bcfe) to 1.1 Tcfe.
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Questar Buys Shenandoah for $406M, Boosts Reserves by 59%
Questar Corp. subsidiary Questar Market Resources is buying Uintah Basin producer Shenandoah Energy (SEI) for $406 million in cash and debt, the company announced yesterday. The deal boosts Questar’s proved gas reserves by 59% (415 Bcfe) to 1.1 Tcfe.
July 27, 2001
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