Archive for May 3rd, 2012

Another Shoe Drops for Chesapeake – Aubrey’s Hedge Fund

Yesterday was not a good day for Chesapeake Energy and its CEO Aubrey McClendon. By the end of the day, Chesapeake’s stock had slide to its lowest since September 2009, down 15 percent at $16.72 (see chart below). Why the drop? A number of reasons, but mostly because of a new revelation, “the other shoe […]

New Movement on the Aither Chemicals Cracker Plant in WV?

A month and a half ago it seemed imminent that Aither Chemicals would announce they would build a new ethane cracker plant at the Bayer CropScience plant site at Institute Industrial Park, located in Kanawha County, near Charleston, WV (see this MDN story). Bayer CropScience, owner of the site, and MarkWest Energy, a huge pipeline […]

Williams & Cabot Partner on New 120-Mile PA to NY Pipeline

Williams Partners and Cabot Oil & Gas are working on a new 120-mile natural gas pipeline, dubbed the Constitution Pipeline, that will stretch from Susquehanna County, PA through Broome County, NY, and on through Chenango County, Delaware County, and terminate in Schoharie County, connecting to the Iroquois Gas Transmission pipeline and the Tennessee Gas pipeline […]

EXCO Resources Marcellus Production Up 7% from 2011

EXCO Resources released their first quarter operational update on Tuesday. In the Marcellus Shale, EXCO is currently operating three drilling rigs with plans to drill 49 wells this year in the Marcellus. Most of EXCO’s drilling happens in Lycoming County, PA (Williamsport area). The relevant portion of the EXCO update concerning the Marcellus:

Marcellus & Utica Shale Story Links: Thu, May 3, 2012

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


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