1st NRG Still Looking for $ to Drill 7K Acres in Utica Shale
1st NRG Corp. is one of the newer “players” in the Ohio Utica Shale. MDN previously pointed out their press statements seem to be heavy on fluff and light on specifics for how and when they’ll begin drilling (see 1st NRG Corp Gets $7M Loan to Begin Drilling in Utica, Other Plays). They issued a press release last week almost identical to the one from last November. Instead of saying we’re about to finalize an agreement for the Utica, they changed it to say we have finalized an agreement for the Utica. Again, no further specifics, other than they have their hand out looking for money (i.e. investors).
Here’s the latest slightly-tweaked and re-worked version of their previous press release:
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If the situation with fracking in New York weren’t so tragic, it would be funny. Shakespearian, even. MDN told you yesterday about the Andy and Junior show—how Gov. Andrew Cuomo’s ex-brother-in-law Robert F. Kennedy, Jr. spilled the beans that Cuomo was ready to allow fracking last month and then it was (trumpet fanfare ta da da da) Junior to the rescue! RFK aka Junior says he talked Andy clean out of it (see
The truth came out over the weekend from, of all places, the Associated Press (see below). New York Gov. Andrew (“Andy”) Cuomo’s former brother-in-law, Robert F. Kennedy, Jr. (we’ll call him “Junior”), couldn’t resist his “the whole world revolves around me” narcissistic tendencies to let the media know that he, Junior, is the real reason fracking in New York is now dead.