An MDN reader recently alerted us to a little-known fact: JKLM Energy has successfully drilled and is flowing gas from Potter County, PA’s first Utica Shale well. JKLM is owned by Terry Pegula, the guy who sold most of his Marcellus assets and used the money to buy the Buffalo Bills (see Buffalo Bills Stay in Buffalo, Thanks to $1.4B of Marcellus Money and Buffalo “Marcellus” Bills – Team Sold to Fracker for $1.4B). Pegula’s former company is East Resources. JKLM is Pegula’s way of keeping his finger in the Marcellus/Utica pie. We reported in Feb. 2015 that JKLM had signed a lease deal in Potter County (see Potter County, PA Hospital Leases Land to JKLM for Utica Drilling). There was an unfortunate incident during the drilling process (see JKLM Energy Accident Contaminates 5 PA Water Wells with Soap and PA DEP Issues Notice of Violation to JKLM Energy for Spilled Soap). But that got cleared up earlier this year (see DEP Gives All Clear for JKLM-Contaminated Water Wells in PA). Now, the first-ever Utica well in Potter County is flowing gas, and has been since January. Here’s the details…
