EdgeMarc Creditors Ask Judge to Change Bankruptcy from Ch 11 to 7
EdgeMarc Energy, headquartered in Canonsburg, PA (with 50,000 acres of Marcellus/Utica leases), filed for Chapter 11 bankruptcy in May, looking to sell all of the company’s assets (see EdgeMarc Energy Files for Bankruptcy, Blames Revolution Pipe). The reason? They can’t move their production to market because their main pipeline partner, Energy Transfer’s Revolution Pipeline, exploded in September 2018 and ET has not been able to get the PA Dept. of Environmental Protection to allow them to fix and restart it.
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Xtreme Energy Co., headquartered in Victoria, Texas, has been ordered by the Pennsylvania Dept. of Environmental Protection (DEP) to shut down/stop producing at two Marcellus wells operated by the company located in Somerset County, PA, in the southwestern part of the state. Why? Because, says the DEP, Xtreme has not paid its impact fee (i.e. severance tax) for those wells for 2014, 2015 and 2016.
National Fuel Gas Company (NFG), the utility and midstream giant based in Buffalo, NY, remains committed to building it’s Northern Access Pipeline project, a $500 million project that includes building 97 miles of new pipeline along a power line corridor from northwestern Pennsylvania up to Erie County, NY. The project also calls for 3 miles of new pipeline further up, in Niagara County, along with a new compressor station in the Town of Pendleton. Although New York State (under the profoundly corrupt Andrew Cuomo) continues to try and block the project, NFG says they will build it–in the 2022-23 time frame.
It’s not often (these days) we come across a new instance of publicly-known leasing terms in the Marcellus/Utica. We like to highlight such cases when we see them. In Saturday’s Pennsylvania Bulletin, the state Dept. of Conservation and Natural Resources (DCNR), the agency in charge of state-owned land, published details of a newly signed lease for 40.6 acres of creekbed in Greene County, PA. The DCNR got its standard $4,000 per acre signing bonus plus will get a 20% royalty from any gas produced. Who did they lease to? And why do we object to this practice so strenuously? To learn those details, you need an 
For the past several years we’ve reported on the case of Grant Township, PA, a town that passed an ordinance cooked up by the radical Community Environmental Legal Defense Fund (CELDF) to try and block a state-approved injection well. Part of the ordinance was tossed, and earlier this year a judge ordered the town to pay $102,000 in legal fees incurred by the operator the town has harmed by its action (see 
Really? Is this what it’s now come to? Pennsylvania Attorney General Josh Shapiro is so desperate to make a criminal case against someone, anyone, in the shale industry, he’s even going after state employees–workers at the PA Dept. of Environmental Protection (DEP). In a bid to raise his visibility among state voters (so he can run for governor), Shapiro launched an investigation in January looking for environmental “crimes” committed by Range Resources and other shale drillers (see 
On Monday MDN brought you the news that NextEra Energy, largely a renewables company, has made the bold move of buying 39% of the Central Penn Line, otherwise known as Williams’ Atlantic Sunrise Pipeline project (see 
A group of Ohio landowners sued Chesapeake Energy in 2015 in a class action, alleging that Chesapeake had shorted them on royalty payments (see 
Our good friend Charlie Schliebs, managing director of 
EQT Corp. is offering to sublease “more space” at its downtown Pittsburgh headquarters building. Back in April, before the change in leadership at the top, EQT offered up to 46,000 square feet of space to lease at its massive 250,000 square foot building known as EQT Plaza, located at 625 Liberty Ave. (see 
Every now and again we like to check in on a company that continues to keep the faith with respect to shale drilling in New York State. Empire Energy, according to its website, owns “large scale shale acreage” in the Marcellus, Utica and Bakken. Most of Empire’s Marcellus/Utica shale acreage is in New York State–where shale drilling is (so far) not allowed. According to a recent press release, Empire continues to hold its NY shale acreage “at minimal cost.”
Last September MDN reported that Southwestern Energy was the very first driller to earn the label of producing “responsible gas” from the Independent Energy Standards Corporation (IES)–what they call their TrustWell™ Responsible Gas Program certification (see 
It’s hard to believe that Huntley & Huntley Energy Exploration (HHEX), a shale driller headquartered in Southpointe (Washington County), PA that leases land and drills in the Pittsburgh suburbs, is only seven years old (founded in 2012). The company has amassed over 100,000 acres within the core Marcellus, Utica, and Upper Devonian fairways in southwestern PA. As of yesterday, the company no longer goes by the name Huntley & Huntley Energy Exploration. The new name is Olympus Energy, signalling a new chapter for the growing company.