BKV’s NEPA Marcellus: 10% of Reserves, 0% of the Growth Plan

A press release from BKV Corporation (NYSE: BKV) last week announced that a Form S-3 registration statement covering 5.3 million shares held by its Thai parent's power arm had taken effect. It sounds like news. It isn't. But it sent us back through BKV's second quarter numbers, and those tell a story northeastern Pennsylvania landowners ought to hear: the Marcellus assets that launched this company are now 10% of its reserves, and they're getting essentially none of BKV's growth money.

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