Magnum Hunter Buys Ormet Property in OH/WV, More Wells Coming?
MDN has chronicled the sad story of the Ormet aluminum smelting plant in Monroe County, OH. The short version is that the Public Utilities Commission of Ohio (PUCO) played a high-stakes game of chicken with Ormet and denied them permission to continuing burning coal to produce their own electricity while they got three Utica Shale wells on their property up and running (Magnum Hunter is the driller). Then PUCO denied Ormet’s request to get a reduced electric rate from the local utility company. Bottom line, more than 900 people are out of work (see Final Chapter of Ormet Plant Closing – Utica Could have Saved It). A reporter from NGI’s Shale Daily has a sharp eye and discovered that Magnum Hunter, the driller of the three Utica wells still operating on the Ormet property, has just purchased Ormet’s property in OH and WV…
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On Monday MDN told you about three families near a WPX Energy wastewater impoundment near Ligonier (Westmoreland County), PA who say their well water has been contamined by frack wastewater leaking from the impoundment (see 
Chesapeake Energy continues to sell off assets in an attempt to boost its stock price and make corporate raider Carl Icahn even richer. The latest fire sale: Rice Energy announced yesterday they’ve picked up 22,000 acres and 12 Marcellus Shale wells from Chessy located in Greene County, PA for $336 million. According to Rice’s President & COO Toby Rice, the acreage is a “high quality” shale asset located in an area they’ve been developing since 2009…
Three families near a WPX Energy wastewater impoundment near Ligonier (Westmoreland County), PA say their well water has been contamined by wastewater leaking from the impoundment. The case is just coming to light (at least for MDN) although the PA Dept. of Environmental Protection (DEP) has known and has investigated the “leaky impoundment” for going on two years now…
