PA Conventional Driller Seeks $25M to Begin Shale Drilling in OH

Clinton-Medina layer
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A Pittsburgh-area investment company with a conventional oil and gas drilling division has decided the time is right to enter the unconventional (shale) drilling game. Bryan Investment Group, which operates Discovery Oil & Gas, LLC, is tapping its investors on the shoulder looking for $25 million to begin drilling in the Clinton/Medina sandstone layer–a rock layer that sits between the Marcellus Shale above it (Devonian group), and the Utica Shale below it (Ordovician group). According to president and general managing partner Richard Bryan, targeting the spaces between good wells drilled in the past is “painstaking work,” but it’s their specialty/niche. Bryan Investment intends to drill new Clinton/Medina wells in “the land between” in a four-county area of northeastern Ohio…

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