Diversified May Monetize Some EdgeMarc OH Utica Assets

In August MDN told you that Diversified Gas & Oil was the high (and only) bidder for Ohio Utica assets owned by EdgeMarc Energy, buying those assets out of bankruptcy court (see Bankrupt EdgeMarc Sells Ohio Utica Assets to Diversified for $50M). In a recent interview EdgeMarc CEO Rusty Hutson said the company may (underscore may) look to monetize, or sell, some of those undeveloped assets recently purchased.

UPDATE: Please note that this article was modified from a previous version. A representative alerted us that our original take, in which we said Diversified was “flipping” the EdgeMarc assets, was incorrect and misleading. We do sincerely regret that error.
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Chester County DA Fails to Find ME Pipe Crimes, Files Civil Case

Chester County, PA District Attorney Thomas P. Hogan famously announced to the world last December he would investigate Sunoco Logisitcs and their Mariner East (ME) pipeline projects for “crimes” (see Chester County DA Goes Rogue, Targets ME2 Pipe w/Criminal Probe). After months of investigation, using added fire power (see Chester County DA Gets “Free” Help with ME2 Pipe Criminal Probe), Hogan has come up with…NOTHING. He’s a loser. So to save face, the rogue DA and the guy who is trying to succeed him next (Michael Noone, also a loser) have filed a civil (non-criminal) case against ME for…wait for it…being a “public nuisance.” That’s what happens when a neighbor calls to complain someone is playing music too loud and won’t turn it down. Tell us again Tom & Mike, how “dangerous” that ME project really is.
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Franklin Twp, PA Wants Law to Ban All Fracking

Franklin Twp, Allegheny County

You may recall that once-upon-a-time seven selfish towns in Pennsylvania sued the state after the legislature passed the Act 13 law that would create uniform zoning regulations to govern shale drilling. The towns (Robinson, Nockamixon, South Fayette, Peters, Cecil, Mount Pleasant, and the Borough of Yardley) eventually won their case, in 2013 (see PA Supreme Court Rules Against State/Drillers in Act 13 Case).
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Youngstown Anti-Fracking Ballot Vote Defeated…for 9th Time

The voters in Youngstown have finally, after seven years, had enough of the the Community Environmental Legal Defense Fund (CELDF) and its useful idiots who have tried, and failed, to get a so-called Community Bill of Rights ballot measure (i.e. frack ban) passed. Last November Youngstown voters rejected the CELDF measure for the eighth time (see CELDF Now an 8-Time Loser re Youngstown Frack Ban Ballot Vote). And now the “community organizers” who canvassed for signatures to put the same lunatic measure on the ballot again this November have failed to get enough signatures–so it won’t appear for a ninth time.
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PA House Passes Bill Restoring Sanity to Enviro Regulations

Last year the Pennsylvania House of Representatives debated and voted to approve a slate of five bills aimed at fixing not only the slowmo way the DEP approves shale permits, but also roll back some of the egregious regulatory overreach that now exists in PA (see PA House Passes 5 Bills to Fix Broken DEP, Environuts React). That vote alarmed and angered Big Green and its supporters. Ultimately the Senate did not vote on the bills, and they died. This year those same bills in various forms have reappeared. Yesterday the full PA House voted to approve one of those bills–House Bill (HB) 1055.
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World Energy Use Up 50% Next 30 Years, Powered by Fossil Fuels

Our favorite government agency, the U.S. Energy Information Administration (EIA), published an article yesterday in which their expert number crunchers predict the world will use 50% more energy than it does today by 2050–in 30 short years. While so-called renewable sources of energy (which include hydro as well as solar and wind) will see a big jump up in supplying that increased need, the very sobering observation is that then, as today, fossil fuels will continue to supply the lion’s share of energy worldwide. How much?
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MDN Editor Jim Willis Interviewed on “The Crude Life” Podcast

MDN Editor Jim Willis had the pleasure of being interviewed on The Crude Life podcast earlier this week. Jason Spiess, an award-winning multimedia journalist, hosts several radio shows in addition to his podcast. The podcast/radio shows focus mainly on the Bakken Shale (where Jason lives and works), but he also branches out to talk with those in other plays. Jim talked about what he sees as the main stories happening here in the Marcellus/Utica region, as well as waxing philosophical about the role of fossil fuels–and those who (in Jim’s words) irrationally hate them. Give it a listen!
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Shale Energy Stories of Interest: Wed, Sep 25, 2019

MARCELLUS/UTICA REGION: UGI officials open CNG fueling station; Amid battles over natural gas pipelines, why not look to propane?; OTHER U.S. REGIONS: No surprise: AOC gets the facts wrong in visit to Colorado; The Caliche NGL storage project in Beaumont, TX; NATIONAL: Feds recommend new requirements after Mass. natural gas disaster; A climate change for lawsuits; INTERNATIONAL: In Scotland, a town evolved with its refinery. Shale gas arrived to help the plant; Natural gas will make Africa greener.
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