The Accidental Fracker – Stories from NC
Typically MDN does not cover the (plentiful) news about shale gas drilling in other parts of the US or even the world—unless the story has a direct bearing somehow on drilling in the Marcellus or Utica Shale. Or unless it’s about fracking technology/issues in general, which of course do have a bearing on Marcellus and Utica drilling.
But every now and again we’ll throw in a story for pure entertainment value. This time, it’s a story about North Carolina, where the fracking debate has heated up. The NC legislature recently voted to allow fracking. The Democrat governor, Bev Perdue, vetoed the legislation. And a vote was just taken to override her veto. The veto, we’re happy to report, has been overridden, and the deciding vote was cast by a Democrat who had campaigned against fracking—Becky Carney. It seems it was past Ms. Carney’s bedtime and she was so sleepy she hit the wrong voting button by mistake. Oops.
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On July 5, Norse Energy Corp will hold what they call an “Extraordinary General Meeting” (EGM) for shareholders in Oslo, Norway. Norse Energy’s CEO Mark Dice will present to shareholders using the PowerPoint embedded below. MDN has included a rundown of what’s in the slides.
An eleventh hour deal was snuck into the Pennsylvania budget signed into law by Gov. Tom Corbett late Saturday night. On Friday, an amendment was introduced to the budget that would establish a moratorium on drilling in southeastern Pennsylvania in the South Newark Basin, a small area which stretches from New Jersey through Bucks, Montgomery and Berks counties in PA.