Archive for March 3rd, 2010

More Details on Southwestern Energy’s Marcellus Shale Plans from Earnings Call

From a Q4 2009 earnings call* held on Feb. 26, we learn the following about Southwestern Energy’s involvement in the Marcellus Shale: At December 31, 2009, we had approximately 149,000 net acres in Pennsylvania prospective for the Marcellus Shale. Our undeveloped acreage position as of December 31, 2009 had an average remaining lease term of […]

MDN Editorial: PA Landowners Need to Continue Opposing a Shale Gas Severance Tax

The severance tax, like a bad penny, keeps turning up. Pennsylvanians (and eventually New Yorkers) will have to stay vigilant against greedy politicians who can’t help themselves when there’s something nearby that can be taxed. Tax revenues equal money flowing through politicians’ hands, and that equals power. The latest example: State Sen. Andy Dinniman, D-19th, […]

4,300 Sign Petition to Encourage New York Leaders to Drill Here, Drill Now

The Independent Oil and Gas Association of New York today issued a press release encouraging landowners to sign their online petition to New York’s governmental leaders to encourage them to move forward—now—with allowing drilling in the Marcellus Shale in New York. Already, more than 4,300 have signed. Landowners who want to add their signatures to […]

East Resources Donates $50K to Tioga County, PA 4-H in Goodwill Gesture

East Resources, an independent oil and gas drilling company with a big stake in Tioga County, Pennsylvania, has just donated $50,000 to the Tioga County 4-H. East Resources, Inc. today signed an agreement with Penn State’s Cooperative Extension Service to create a new 4-H endowment fund for Tioga County. East created the endowment with an […]

Shaleshock Expert Agrees – Hydrofracturing Will Not Hurt You

Shaleshock Action Alliance, an anti-drilling group, recently sponsored a meeting at Tompkins Cortland Community College in Dryden, NY to discuss the potential negative consequences of horizontal drilling and hydrofracturing (a specific technique used in drilling for natural gas). Shaleshock’s expert speakers for the evening included two chemists and an endocrinologist. One of the chemists was […]

 

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