Marcellus & Utica Shale Story Links: Thu, Jun 28, 2012

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

Pa. environmental chief rebuts NRDC report on fracking wastewater
SNL Financial
A Natural Resources Defense Council report about wastewater from hydraulic fracturing is "incorrect and inapplicable to Pennsylvania," the state’s top environmental regulator said June 25.

Time to Play Taps for Aubrey McClendon?
Motley Fool
In May, I wrote that Aubrey McClendon needed to be shown the door as Chesapeake Energy’s (NYSE: CHK  ) CEO. Given the historical precedent of shareholders inexplicably supporting McClendon and his merry band of board members, I didn’t think his departure was possible. Today, I’d be surprised if it didn’t happen.

New Chesapeake chair gets stock valued at $750,000
Yahoo! Finance
Chesapeake Energy Corp’s (CHK) new independent chairman will receive Chesapeake stock awards valued at $750,000 along with cash compensation that will based on his length of service, according to a regulatory filing on Wednesday.

Chesapeake CEO Makes Surprise Stop in Region
The Business Journal
Aubrey McClendon, the embattled CEO of Chesapeake Energy Corp., made an unannounced stop to the Stark campus of Kent State University Wednesday to address about 300 of the company’s Utica shale employees.

Harrisville Twp. trustees lift ban on ‘fracking’ discussion
The Medina Gazette
Members of an anti-fracking group once again will be able to talk about well drilling at township trustees meetings after being banned from doing so a month ago.

Meeting to explain drilling in Wayne forest
The Columbus Dispatch
Wayne National Forest officials have scheduled a public meeting to discuss how they regulate oil and gas wells and drilling.

Landowners get answers from pipeline company
Lancaster Eagle Gazette
City residents Connie and Mike Rogers already have signed an agreement with Enterprise Products Partners to allow an ethane pipeline to run under their property.

SMC Business Council holds first shale gas event
A company that rents dunk tanks, snow cone machines and table linens doesn’t seem to have much to do with the Marcellus Shale natural gas boom.

Panel: Economy to blast off with shale
Drilling, construction, servicing and other value-added business linked to the coming natural gas shale drilling boom is projected to multiply nearly 30 times from 2011 to 2014.

Three WV Organizations Fight for Renewable, Clean Energy Alternatives
Huntington News
Three West Virginia-based citizen advocacy organizations are joining with a network of  33 other citizen organizations from across the United States – with more than 1.1 million combined members – to advance a nine-point “American Clean Energy Agenda” and to push for a serious renewable energy agenda, no matter who is the next President or which party controls Congress.

Chris Christie Says No Decision on Banning Fracking Waste
WKXW-FM Trenton
Gov. Chris Christie says he hasn’t decided whether to sign a measure that bans hydraulic fracturing byproducts from other states from entering New Jersey.

Seminar Focuses on Small Business Role in Shale Boom
WYTV Youngstown
As a number of big companies move into the area to develop oil and natural gas resources, there could be some big opportunities down the road for local businesses thanks to the Utica and Marcellus shale.

Woman arrested for inducing panic
An Ohio woman who chained herself to concrete barrels to protest what she termed the negative impacts of fracking waste water was arrested Tuesday for inducing panic.

Science, Medical Professionals Mail Cuomo on Hydrofracking
A group from the science and medical fields is out today with another sign-on letter directed at Gov. Cuomo.

Cadiz supporter: Energy jobs – and caution – loom large in eastern Ohio
Business Journal
Eastern Ohio businessman Mike Sliva is hoping a balance can be struck between the economic benefits of the state’s shale gas boom and environmental issues raised by critics of the drilling process used to force oil and natural gas out of the ground.

Aquatech breaks ground for expansion
O-R Online
Aquatech International broke ground Tuesday for a 35,000- to 40,000-square-foot expansion project that will give it more room for its growing support services and shale gas treatment businesses.