With U.S. stock markets set to open in two hours, (RMD) was up 8.8% in pre-market trading, and (IBM) was up 7.2%. (RRC), (AAL), and (SFM) were all posting.
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According to the Pittsburgh Tribune-Review, Range Resources, the first driller to sink a Marcellus well back in 2004, has applied for and received a conditional use application to build three well pads in Fawn Township in Allegheny County, PA. The township secretary says a road into the property is now being built. Construction of the
There were 23 new permits issued to drill in the Marcellus/Utica during the week of Jan. 8-14, versus 18 permits issued for the prior week. Pennsylvania issued 13 new permits last week. Ohio issued just 2 new permits. West Virginia issued 8 new permits - for the second week in a row. EQT scored the
We are catching up on permits issued.for the last two weeks of December. Normally we cover permits issued for a single week. This report covers permits issued for the two weeks covering Dec. 18 - 31. Perhaps it's a good thing we're reporting on two weeks as Ohio's ODNR seems to have taken the last