Eastern OH counties Aubrey McClendon, then-CEO of Chesapeake Energy, was the first major shale driller to recognize the promise of the Utica Shale play in Ohio (see Chesapeake Energy CEO Aubrey McClendon Talks to Jim Cramer About the Utica Shale in Eastern Ohio). He once famously said the Utica is “the biggest thing to hit
Read More...Landowners in Carroll and Columbiana counties (Ohio) have filed a class action lawsuit against Encino Energy claiming the company underpaid oil and natural gas royalties. Last November Encino Acquisition Partners (i.e. Encino Energy) completed its purchase of all of Chesapeake Energy’s Ohio Utica Shale assets for $2 billion (see Stop Press: Chesapeake Sells ALL of
Read More...Hilcorp Energy Co.recently applied for three permits related to horizontal well development in Columbiana County, according to the Ohio Department of Natural Resources. Hilcorp has submitted applications for a pair of new horizontal wells in Elk Run Township at the ElkRun-Auer well pad targeting the Utica/Point Pleasant shale formation. The first of the three permits
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