Attached files
| file | filename |
|---|---|
| 8-K - SWN FORM 8-K MARCELLUS ACQUISITION CLOSE - SOUTHWESTERN ENERGY CO | swn052113form8k.htm |
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| | |
NEWS RELEASE
SOUTHWESTERN ENERGY ANNOUNCES CLOSING OF ACQUISITION OF MARCELLUS SHALE PROPERTIES
Houston, Texas – May 17, 2013...Southwestern Energy Company (NYSE: SWN) announced today that it has closed its recently announced acquisition of approximately 162,000 net acres in the Marcellus Shale in Pennsylvania. The properties were acquired from Chesapeake Energy Corporation (NYSE: CHK) and its partner for approximately $93 million, excluding purchase price adjustments. Southwestern has financed the acquisition with its revolving credit facility.
Southwestern Energy Company is an independent energy company whose wholly-owned subsidiaries are engaged in oil and gas exploration and production, natural gas gathering and marketing. Additional information on the company can be found on the Internet at http://www.swn.com.
| Contacts: | R. Craig Owen | Brad D. Sylvester, CFA |
| | Senior Vice President | Vice President, Investor Relations |
| | and Chief Financial Officer | (281) 618-4897 |
| | (281) 618-2808 | |
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