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Southwestern looks to SW Appalachia for 2019 growth
Southwestern Energy will focus all of its capital on Appalachia in 2019 following the divestment of its Fayetteville assets to Flywheel Energy for ~$1.9 billion and its more recent sale of 100,000 acres in northern Louisiana and southern Arkansas to Velandera Energy Partners. The company plans to spend $1.08-1.18 billion during 2019, down by $120 million compared with 2018 and by $200 million compared with the initial 2019 plan announced in early September at the time of the Fayetteville sale.......
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