Southwestern Energy

The company traced its roots to Arkansas Western Gas Company, which was established in July 1929 as a subsidiary of Southern Union Gas Company of Dallas. In 1985, the company acquired Mustang Fuel for $200 million in stock. In 2013, the company acquired assets in the Marcellus Shale from Chesapeake Energy for $93 million. In December 2014, the company acquired 413,000 net acres in the Upper Devonian, Marcellus and Utica shales in West Virginia and Southwest Pennsylvania from Chesapeake Energy for $5.375 billion. In December 2018, the company sold its assets in the Fayetteville Shale for net proceeds of $1.65 billion. In November 2021, the company acquired GEP Haynesville for $1.85 billion. In October 2024, the company merged into Expand Energy. ==Controversies==

Public opposition to hydraulic fracturing in New Brunswick, Canada In 2003, shale gas was discovered in New Brunswick, Canada. The company received exclusive licenses from the Department of Energy and Resource Development to conduct an exploration program. However, after protests by local citizens, in 2015, the provincial government in New Brunswick imposed a moratorium on hydraulic fracturing, and in May 2016, the government announced that the moratorium would continue indefinitely. ==References==