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Jun. 30, 2011
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L. Dispositions On May 11, 2011, the Company announced the sale of the Big Sandy Pipeline to Spectra Energy Partners, LP for $390 million. The transaction closed on July 1, 2011. Big Sandy is a natural gas pipeline regulated by the Federal Energy Regulatory Commission with a current capacity of 171,000 Dth per day. Big Sandy transports natural gas from the Langley natural gas processing complex to interconnects with unaffiliated pipelines leading to the mid-Atlantic and Northeast markets. EQT classified the Big Sandy properties as assets held for sale in the accompanying Condensed Consolidated Balance Sheets. On February 1, 2011, the Company sold its natural gas processing complex in Langley, Kentucky and associated natural gas liquids pipeline for $230.5 million. In conjunction with this transaction, the Company realized a pre-tax gain of $22.8 million.

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