Early today, Norse Energy, a Norwegian company with gas drilling operations in New York State, issued an interesting press release about laying off half of their employees (see the full release below). Norse holds some 180,000 net acres of natural gas leases in New York, of which 130,000 are in the Marcellus and Utica Shale [...]
Norse Energy Corp, a drilling company headquartered in Norway but with local operations and 180,000 net acres of leases in New York State, filed the state’s first application to drill in the Utica Shale last week. Norse believes that the Utica Shale for New York will be what the Marcellus Shale is for Pennsylvania. Why? [...]
A new landowner coalition has formed in Central New York representing landowners in Oneida and Madison counties. The coalition’s purpose is to negotiate a contract for drilling on their land for both the Marcellus Shale and potentially in the Utica Shale as well.
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