Equitable Resources Inc., Pittsburgh, (NYSE: EQT) bought out nonoperated working interests in Virginia from Penn Virginia Corp., Radnor, Pa., (NYSE: PVA) for $30 million. Assets include 13.3 billion cubic feet of gas equivalent proved, and net production of approximately 1.7 million cubic feet equivalent per day. The assets are primarily in Wise County, Virginia. PVA held an approximate 14% working interest in the properties, which are operated by Equitable.
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