Exxon Acquiring Acreage in OH Utica Shale for Oil Drilling

A rather generic story put out by Reuters yesterday refers to Exxon Mobil’s interest in acquiring acreage in the Utica Shale in Ohio as a new source of oil drilling. Details are sparse about Exxon’s plans, but it points out the white-hot interest there is in Ohio’s Utica Shale since Chesapeake announced in July they have struck oil, as well as natural gas and gas liquids, in Eastern Ohio (see this MDN story). Looks like Exxon considers Eastern Ohio to now be “one of the biggest sources of crude oil in the United States.”

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