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WorldWide Drilling Resource ® 7 AUGUST 2017 EQT Corporation Announces Acquisition EQT Corporation announced it will acquire Rice Energy for $6.7 billion. Both com- panies use HDD (horizontal directional drilling) technology in the Appalachian area for natural gas production. This acquisition will make EQT the largest natural gas producer in the United States. "This transaction brings together two of the top Marcellus and Utica producers to form a natural gas operating position that will be unmatched in the industry. Rice has built an outstanding company with an acreage footprint that is largely contiguous to our existing acreage, which will provide substantial synergies and make this transaction significantly accretive in the first year,” said Steve Schlotterbeck, EQT's president and chief executive officer. Daniel J. Rice IV, CEO for Rice Energy stated, “Natural gas is the key to a cleaner energy world; and the combination of Rice and EQT - two of the United States’ largest, lowest-cost, and most responsible natural gas producers - creates an unpar- alleled leader in shale gas development that will benefit the environment and our shareholders for many decades to come.” WHO’S IN THE NEWS Earlier this year, at the 2017 Shallow Exploration Drillers Clinic, Bob Henthorne (R) presented Larry Rockers with the Duane A. Eversoll Service Award. Send your Who’s in the News to: promotions@worldwidedrillingresource.com Breaking News Look for additional announcements from the National Ground Water Association and Tug Valley Mining institute online at worldwidedrillingresource.info/Whos8-17.pdf