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1st NRG Corp Gets $7M Loan to Begin Drilling in Utica, Other Plays | Marcellus Drilling News
The Ohio Utica Shale’s newest entrant, 1st NRG Corporation, previously announced they would drill on 7,150 acres of the Utica Shale in eastern Ohio (see this MDN story). Yesterday they announced they have secured a $7 million loan which will help finance the drilling. 1st NRG’s announcement is, frankly, a lot of fluff aimed at