Catalyst to Restart Drilling Program in Kentucky Using Shale Tech
There’s only so much you can cram into a 65 character headline. We wanted to say more. Catalyst Energy was, until 2017 (when it quit drilling new wells) a conventional-only oil driller focused mainly on western Pennsylvania. It quit drilling due to low oil prices. Catalyst has just announced that, pending the outcome of a new round of investments it’s seeking, the company will restart its drilling program–but this time with a twist. Catalyst is transforming itself from a conventional to an unconventional driller.
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