Archive for April 30th, 2012

Stop Press: ETP Acquires Sunoco for $5.3 Billion

Just this morning Energy Transfer Partners (ETP), a huge pipeline company that owns 23,500 miles of pipelines and gathering systems, including the largest intrastate pipeline in Texas, announced they are buying Sunoco for $5.3 billion. One of the main reasons for the purchase? ETP said they have a growing interest in the Marcellus Shale and […]

The Marcellus “Line of Death” in NE PA

Terry Engelder, Penn State geosciences professor and “father of the Marcellus Shale” once coined the term “line of death” for the point where shale stops being productive. He was specifically talking about the coal region in Pennsylvania where once-upon-many-millennia-ago high temperatures that hardened the anthracite coal also “cooked out” methane natural gas from the shale. […]

PA DEP Continues Investigating 2 Water Wells Near Dimock

Old news being reported as new news: The PA Department of Environmental Protection continues its investigation into a possible case of methane migration in two water wells just outside of Dimock Township. The investigation started in 2010 and is not part of the ongoing Dimock situation. The “new news” part of the story is that […]

NYS Comptroller Threatens Chesapeake Energy

New York State Comptroller Thomas DiNapoli, who is anti-drilling, “scolded” Chesapeake last week (according to the headlines) over the program that allows CEO Aubrey McClendon to participate in every well drilled by the company, with up to 2.5 percent ownership in each well. Although DiNapoli released a press statement to his favored mainstream media (MSM) […]

Gov. Kasich: Shale Drilling is Good, but OH Needs Diversity

Speaking at the Eastern Ohio Development Alliance’s annual meeting last Friday, Ohio Gov. John Kasich said that although he supports shale oil and gas drilling in the Marcellus and Utica Shales in his state, he doesn’t want to put all of Ohio’s economic eggs in one basket. He said the state needs to focus on […]

New MDN Poll: Will McClendon be CEO One Year from Now?

MDN launches a new poll today. Over the past several weeks, Chesapeake Energy has been in the midst of a public relations storm. Chesapeake operates a program called the Founders Well Participation Program (FWPP) which allows CEO Aubrey McClendon to invest his own money, and reap the financial rewards, of up to a 2.5 percent […]

Marcellus & Utica Shale Story Links: Mon, Apr 30, 2012

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:


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