Marcellus & Utica Shale Story Links: Tue, Jun 12, 2012

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

Prediction: Utica Shale will help economy
The Daily Record
What does shale development mean for Holmes County businesses? This was the question discussed by oil and gas industry and business experts at the Holmes County Shale Business Forum on Monday at the Carlisle Inn.

Institute’s Gas Drilling Report Leads to Claims of Bias and Concern for a University’s Image
New York Times
A report from a new institute at the State University at Buffalo asserting that state oversight has made natural gas drilling safer is causing tumult on campus and beyond, with critics arguing that the institute is biased toward industry and could undercut the university’s reputation.

Shale testing to start in Robinson, Washington County
Pittsburgh Post Gazette
Seismic testing is set to begin this month in Robinson, Washington County, as part of the Marcellus Shale natural gas exploration process. Dawson Geophysical Co. of Midland, Texas, plans to start testing on various properties south of Route 22, township officials said Monday night.

Real Estate Company Puts Chesapeake Plaza On The Market
CBS Local
A Four years after a celebrated move-in, Chesapeake Energy may be moving out of its 20 story tower in west Fort Worth.

Commonwealth Confidential: Corbett offers detailed defense of Shell plant tax deal
He may have been light on specifics, but Gov. Corbett offered his most expansive remarks yet on negotiations with Shell Oil to build an ethane plant in southwestern Pennsylvania.

How Low Can WPX Energy Go?
WPX, which has oil & gas reserves in the Piceance basin, Bakken shale, and Marcellus shale, has had a rude welcome to being a publicly traded company for many reasons since being spun off from Williams Companies.

Chesapeake Energy: Desperate Asset Sales And The Language Of Letting Go
Seeking Alpha
By now, most investors have come to understand how critical the liquidity situation at Chesapeake Energy is.

Ohio may need more natural gas pipelines
Ohio may need additional natural gas pipelines to cope with the boom in the Utica shale play but trucking should meet short-term requirements, a spokesman said.

‘Fracking’ – a protest song
‘Fracking’ is a song written in opposition to the industrial extraction of fossil-fuel shale gas by hydraulic fracturing, and aims to increase awareness of the many dangers that fracking presents.

Failed drug tests hindering Ohio drilling hiring
The Youngstown Vindicator reported on Sunday that the lack of a drug-free work force is creating problems as drilling companies begin hiring.

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