Drilling Down
U.S. Chamber Launchs 'Shale Works for US'
Wednesday, July 18, 2012COLUMBUS, Ohio -- The U.S. Chamber's Institute for 21st Century Energy Tuesday launched a new campaign focused on building support for utilizing shale energy resources in Ohio.
Consol President Calls Valley Utica Shale’s 'Ground Zero'
Tuesday, July 17, 2012PITTSBURGH -- The president of Consol Energy Corp. expects "really exciting things for the Mahoning Valley" in the near future as the energy giant accelerates oil and gas exploration in this region over the next year and a half – exploration unlikely to stop at the Utica shale.
"The Mahoning Valley is ground zero for this play," says Consol President Nick DeIuliis. "This is just Step One, but there are going to be other horizons in the Mahoning Valley for years to come."
Campbell Leases 167 Acres for Drilling by Hilcorp
Monday, July 16, 2012CAMPBELL, Ohio – City Council on Monday approved a measure that would allow Houston-based Hilcorp Energy Co. the rights to drill on 167 acres owned by the this cash-strapped former steel town.
A windfall of cash should follow.
"It's a huge boost of revenue, over $850,000 we'll receive in 90 days," said George Levendis, president of council. "I could not see voting 'No' for this."
Coalition Lists Best Practices for Marcellus Supply Chain
Friday, July 13, 2012PITTSBURGH, Pa. – The Marcellus Shale Coalition Thursday released a two-page document, “Recommended Practices for Supply Chain,” that sets forth “guiding principles” its members “embrace and operate by” to secure contracts from oil and gas exploration and development companies.
“As an industry, we are fully committed to helping local business expand and hire,” said Kathryn Klaber, president of the Marcellus Shale Coalition, in releasing the document.