Wednesday, November 21, 2012

Carroll, Columbiana, and Harrison Counties Described as "Core of the Core" in Utica Shale

From The Salem News:
During Chesapeake Energy's third quarter earnings call this month, CEO Aubrey McClendon called Columbiana, Carroll and Harrison counties the "core of the core" in the Utica Shale Play.
The core of the core is described in the call as a strategy that allows the company to focus on its best rate of return areas. According to Chesapeake.com, "... Utica Shale is a geological formation of sedimentary rock that contains oil and natural gas. It is roughly 175 miles wide and 225 miles long. Lying mainly under parts of New York, Pennsylvania, Ohio and West Virginia, the Utica can be as thick as 1,000 feet in portions."
Read the entire article here.

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