Friday, January 21, 2011

Marcellus shale news

The Independent Oil and Gas Association of West Virginia met in Charleston yesterday, and seem pleased as punch about the boost in natural gas production in the state, due to the recent "gold rush" in the Marcellus shale region.

Here's the money quote in the AP story about their meeting, via the Charleston Gazette:

"The Marcellus is going to be the key to our future in this basin," Chesapeake Energy CEO Aubrey McClendon said. "Whatever prosperity you've enjoyed, over the next 20 years, it's going to pale in comparison. (The Marcellus shale) is a remarkable piece of real estate."

http://wvgazette.com/ap/ApTopStories/201101210473

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We'll have Windy Cutler's detailed report about our screening os "Gasland" on Monday in tomorrow's edition of the Independent, as soon as we get our communications straightened out. I told Windy to try a new tin can.

--Michael Hasty

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