Archive for April 14th, 2010

Chesapeake & Range Resources Peg Value of Their Marcellus Shale Holdings from $36K – $56K per Acre

Range Resources CEO John Pinkerton said that their holdings in the Marcellus Shale play are worth more than four times the $14,000 per acre that recent deals between energy companies have brought. Chesapeake Energy CEO Aubrey McClendon says his company’s Marcellus Shale holdings are worth $35,900 per acre to the company. With 1.57 million acres […]

Lehman Township, PA Approves Encana Plan to Begin Drilling This Summer

Encana has gotten a green light from the supervisors in Lehman Township (Luzerne County, PA) to begin drilling this summer. The board approved an ordinance allowing the drilling to begin. According to Township Zoning Board Solicitor Jack Haley, the supervisors had little choice: According to Haley, all authority to halt drilling operations in any municipality […]

New Pro-Drilling Documentary “Gas Odyssey” Premiers Friday, April 16 in Binghamton, NY

A pro-drilling documentary is due to premiere Friday, April 16th in Binghamton. Unfortunately MDN will not be able to attend the screening. If others do attend, please let us know what you think! Details below. From Red Dragon, Inc.: Red Dragon, Inc. is proud to announce the premiere of Gas Odyssey, a documentary film by […]

Big Marcellus Shale Drilling Conference Set to Convene in Pittsburgh May 3-4

A big confab is due to take place on Marcellus drilling in Pennsylvania in early May. It’s being hosted and sponsored by the Pennsylvania Environmental Council. It looks to have a slate of both pro- and anti-drilling speakers. Cost to attend is $350. More information about the program is available from the PEC website here: […]

 

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