EQT Corp. said today it is buying mineral rights to 58,000 net acres in the Marcellus Shale from a group of private operators and landowners for $280 million in stock and cash. That works out to $4,828 per acre. While the names of the sellers were not disclosed, most of the land is located in [...]
DuBois Courier-Express/Tri-County (Feb 20) Marcellus shale drilling water may be treated at local acid mine treatment site Drillers in the Marcellus Shale in Pennsylvania will soon have a new plant to treat wastewater, called flowback, from drilling activities. The new plant will be located in Brandy Camp (Elk County), PA. From the article: The project [...]
Kangaroo News Service (Nov 2): Local Citizens, Civic and Business Leaders Launch Petition to Resume Oil and Gas Development in the Allegheny National Forest This one should make every landowner shudder–with anger and fear. The Obama Administration has illegally shut down drilling on private land in Pennsylvania. Landowners who own land in the Allegheny National [...]
Three Jay Township supervisors have voted to deny access to water to EOG Resources for drilling in Elk County, Pennsylvania. EOG had requested access to the Bennetts Branch of the Sinnemahoning Creek by driving across township-owned land, specifically near a ball field. According to the Courier-Express/Tri-County Sunday (DuBois) newspaper: During Thursday’s Jay Township Supervisors meeting, [...]
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