Marcellus & Utica Shale Story Links: Thu, Feb 23, 2012

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

Chesapeake rips analysts, defends strategy
SNL Financial
Chesapeake Energy Corp. CEO Aubrey McClendon used the company’s fourth-quarter and year-end earnings call Feb. 22 to angrily respond to critics of the company’s business plan, saying those questioning the company’s capital expenditures are missing the big picture.

CEOs: Gas drilling bright in WV wet gas regions despite low prices
State Journal
At the Independent Oil and Gas Association of West Virginia winter meeting Wednesday, a panel of CEOs from Consol Energy, Antero Resources, EQT and Noble Energy spoke to recent and expected success in the growing Marcellus shale gas play.

Fulton County stays out of fracking issue
Gloversville Leader-Herald
The Fulton County Planning Board voted Tuesday to stay neutral in its review of Oppenheim’s proposed one-year moratorium on hydrofracking, a controversial natural-gas drilling technique.

Work to begin soon on well in county
Mount Vernon News
Sometime in the near future, Devon Energy Corp. of Oklahoma will begin work on the first horizontal well in Knox County.

Dry Gas Drilling Cuts And Production Shut Ins Continue
Several more producers of natural gas have announced reductions in dry gas drilling or production, as the exploration and production industry continues to deal with the weak environment expected for natural gas during the year.