New Entrant in the Marcellus: Warren Resources Drilling 2 Wells in 2015

So far as we can tell, Warren Resources, a small driller headquartered in New York City, hasn’t drilled a thing in the Marcellus or Utica Shale (for background, see CEO of Warren Resources Quits, Replaced by Citrus Energy CEO). According to Warren’s recently released 2015 capex budget and guidance announcement, that will change in 2015. Warren plans to drill two Marcellus Shale wells at a cost of $13 million. In fact, one well is already drilled and will be completed in March…

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