On Friday MDN reported Southwestern Energy’s second quarter 2016 update, with indications that things are turning around for the company and that they intend to re-start their drilling program in the Marcellus (see Southwestern Energy 2Q16: Bleeding Slows, 17 New Marc/Utica Wells). On Friday, Southwestern’s top brass held their analyst conference call to discuss the update and add more color commentary. And what color it was! Southwestern CEO Bill Way said they’ve already reactivated some rigs and plan to continue that pattern. Coincidentally, we received confirmation of Southwestern’s statements from an MDN subscriber who sent us proof that Southwestern re-started two rigs just last week in Susquehanna County, PA…
On Friday MDN reported Southwestern Energy’s second quarter 2016 update, with indications that things are turning around for the company and that they intend to re-start their drilling program in the Marcellus (see 