Brian Grove, corporate spokesman for Chesapeake Energy, addressed the Chamber of Business and Industry of Centre County in State College, PA today. Among his comments was this statement showing Chesapeake’s commitment to the Marcellus Shale:
“In northeastern Pennsylvania, where I’m from … we have 19 drilling rigs right now active in the northern tier. That’s as many, right now, as our company has in the Barnett Shale in Texas.”*
Grove also warned that a steep severance tax and “overly heavy” regulation will slow drilling growth in PA.
*The Centre Daily Times (June 30) – Natural Gas Rep: Drilling companies here to stay in Pennsylvania