Tom ShepstoneShepstone Management Company, Inc. … … Delaware PovertyKeeper attempts to tie up the shale gas industry in litigation continue apace, but also continuing are losses in Commonwealth Court. Remember Middlesex Township, Butler County, where the Delaware PovertyKeeper, ignoring its charter, hopped 200+ miles beyond the Delaware to fight natural gas development in Western Pennsylvania?
EdgeMarc Energy, headquartered in Canonsburg, PA (with 45,000 acres of Marcellus/Utica leases), is filing for Chapter 11 bankruptcy, looking to sell all of the company’s assets. The reason? They can’t move their production to market because their main pipeline partner, Energy Transfer’s Revolution Pipeline, exploded last September and ET has not been able to get
Speaking of the exploded Revolution Pipeline located in southwestern Pennsylvania that’s led to a driller declaring bankruptcy (see EdgeMarc Energy Files for Bankruptcy, Blames Revolution Pipe Outage), yesterday the PA Dept. of Environmental Protection (DEP) issued an order to Energy Transfer, builder of Revolution, to “identify and restore or mitigate all streams and wetlands that