Last week MDN was the first to bring you the news that Canadian company GASFRAC has (after two years) finally begun fracking an Ohio Utica Shale well using liquefied petroleum gas, or LPG (see GASFRAC Begins Waterless Fracking Job in OH Utica). GASFRAC’s senior management held an analyst call last week to discuss the company’s performance (the company’s financials are not good). As part of that call was a Q&A in which the Utica well they’re now working on was discussed. We found the banter interesting. One of the more interesting aspects was GASFRAC’s contention that LPG fracking used in places where earthquakes are a concern (like Ohio) may reduce the likelihood of a fracking-induced earthquake from occurring…
