PA Marcellus News Digest
June 14, 2012
Releases
National Fuel Completes the Trout Run Gathering System and Announces New Marcellus Shale Well Results
BusinessWite
June 14
WILLIAMSVILLE, N.Y., Jun 14, 2012 (BUSINESS WIRE) -- National Fuel Gas Midstream Corporation ("NFG Midstream"), a wholly owned subsidiary of National Fuel Gas Company NFG +1.15% ("National Fuel" or the "Company") has announced that the Trout Run Gathering System ("Trout Run"), located in Lycoming County, Pa., was placed in service on May 30, 2012, and is delivering natural gas to an interconnect with Transcontinental Gas Pipe Line Company, LLC ("Transco"). Initial production is from four recently completed wells operated by Seneca Resources Corporation ("Seneca"), the wholly owned exploration and production subsidiary of National Fuel.
Link: http://www.marketwatch.com/story/national-fuel-completes-the-trout-run-gathering-system-and-announces-new-marcellus-shale-well-results-2012-06-14
BusinessWite
June 14
WILLIAMSVILLE, N.Y., Jun 14, 2012 (BUSINESS WIRE) -- National Fuel Gas Midstream Corporation ("NFG Midstream"), a wholly owned subsidiary of National Fuel Gas Company NFG +1.15% ("National Fuel" or the "Company") has announced that the Trout Run Gathering System ("Trout Run"), located in Lycoming County, Pa., was placed in service on May 30, 2012, and is delivering natural gas to an interconnect with Transcontinental Gas Pipe Line Company, LLC ("Transco"). Initial production is from four recently completed wells operated by Seneca Resources Corporation ("Seneca"), the wholly owned exploration and production subsidiary of National Fuel.
Link: http://www.marketwatch.com/story/national-fuel-completes-the-trout-run-gathering-system-and-announces-new-marcellus-shale-well-results-2012-06-14
Norse Energy Corp ASA: Norse Addresses NY Times SGEIS Update
BusinessWite
June 14
Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) advises that a June 13 New York Times article referenced sources close to NY Governor Cuomo’s office expecting issuance this summer of the SGEIS for permitting of high volume hydraulic fracturing of Marcellus and Utica shale in New York State. Norse has previously advised of a similar timeframe for the anticipated release of the SGEIS.
Link: http://www.businesswire.com/news/home/20120613006671/en/Norse-Energy-Corp-ASA-Norse-Addresses-NY
BusinessWite
June 14
Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) advises that a June 13 New York Times article referenced sources close to NY Governor Cuomo’s office expecting issuance this summer of the SGEIS for permitting of high volume hydraulic fracturing of Marcellus and Utica shale in New York State. Norse has previously advised of a similar timeframe for the anticipated release of the SGEIS.
Link: http://www.businesswire.com/news/home/20120613006671/en/Norse-Energy-Corp-ASA-Norse-Addresses-NY
Articles
Fighting For Fracking
WBNG Binghamton
Haley Burton
June 14
The possibility of natural gas drilling coming to the Southern Tier gets a little more real.
New York Times reports the Cuomo administration is working on a plan to allow Marcellus Shale drilling to begin but only in communities that want it.
Link: http://www.wbng.com/news/local/Fighting-For-Fracking-159092305.html
WBNG Binghamton
Haley Burton
June 14
The possibility of natural gas drilling coming to the Southern Tier gets a little more real.
New York Times reports the Cuomo administration is working on a plan to allow Marcellus Shale drilling to begin but only in communities that want it.
Link: http://www.wbng.com/news/local/Fighting-For-Fracking-159092305.html
Corbett begins PR effort for refinery tax credit
Centre Daily Times
AP
June 14
HARRISBURG, PA. — Gov. Tom Corbett's administration is beginning its public relations effort to build support for a $1.7 billion tax credit it wants for a petrochemical industry in Pennsylvania.
Three of Corbett's cabinet secretaries held a news conference Thursday near the potential Beaver County site of a petrochemical refinery planned by a subsidiary of Netherlands-based oil and gas giant Royal Dutch Shell PLC.
Link: http://www.centredaily.com/2012/06/14/3229179/corbett-begins-pr-effort-for-refinery.html
Centre Daily Times
AP
June 14
HARRISBURG, PA. — Gov. Tom Corbett's administration is beginning its public relations effort to build support for a $1.7 billion tax credit it wants for a petrochemical industry in Pennsylvania.
Three of Corbett's cabinet secretaries held a news conference Thursday near the potential Beaver County site of a petrochemical refinery planned by a subsidiary of Netherlands-based oil and gas giant Royal Dutch Shell PLC.
Link: http://www.centredaily.com/2012/06/14/3229179/corbett-begins-pr-effort-for-refinery.html
Cuomo Weighs Letting Towns Decide Fracking
Wall Street Journal
Joseph De Avila
June 13
New York Gov. Andrew Cuomo is considering giving the power to approve or deny high-volume hydraulic fracturing to individual communities on the Pennsylvania border, passing a decision on a fractious national issue to town boards and county legislators, said people familiar with the matter.
Link: http://online.wsj.com/article/SB10001424052702303822204577464993711407470.html
Wall Street Journal
Joseph De Avila
June 13
New York Gov. Andrew Cuomo is considering giving the power to approve or deny high-volume hydraulic fracturing to individual communities on the Pennsylvania border, passing a decision on a fractious national issue to town boards and county legislators, said people familiar with the matter.
Link: http://online.wsj.com/article/SB10001424052702303822204577464993711407470.html
Study: Pa. to lead in job growth from unconventional natural-gas development
Inquirer
Andrew Maykuth
June 13
A new national study says Pennsylvania, where Marcellus Shale drilling is expanding dramatically, is expected to lead in job growth attributed to unconventional natural gas development.
Link: http://articles.philly.com/2012-06-13/business/32216156_1_shale-gas-unconventional-drilling-marcellus-shale
Inquirer
Andrew Maykuth
June 13
A new national study says Pennsylvania, where Marcellus Shale drilling is expanding dramatically, is expected to lead in job growth attributed to unconventional natural gas development.
Link: http://articles.philly.com/2012-06-13/business/32216156_1_shale-gas-unconventional-drilling-marcellus-shale
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