Stone Energy Opens Marcellus Spigots Again; New Midstream Deal

Stone EnergyAre we seeing the beginning of a trend? Yesterday MDN told you that after saying they would only drill a single Marcellus well and were curtailing production in the northeast, Eclipse Resources had turned that around and decided to drill 10-12 new wells, complete 24 wells and open up the spigots to shut-in wells once again (see Eclipse Resources Ramps Up Drilling; Floats More Stock to Raise $). Today we bring you news that Stone Energy has cut a new midstream gathering agreement with Williams and is returning some of their shut-in Marcellus wells to full production. Sure feels like things are beginning to look up!…

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