News:

FORUM HAS BEEN UPGRADED  - if you have trouble logging in, please tap/click "home"  and try again. Hopefully this upgrade addresses recent server issues.  Thank you for your patience. Forum Manager

MESSAGE ABOUT WEBSITE REGISTRATIONS
http://mahoningvalley.info/forum/index.php?topic=8677

Main Menu

"Mahoning and Portage, Called Oil Window"

Started by Youngstownshrimp, September 08, 2011, 06:21:26 AM

Previous topic - Next topic

0 Members and 3 Guests are viewing this topic.

Youngstownshrimp

I can't believe I beat the Business Journal in breaking this news.

Youngstownshrimp

Reuters released yesterday the details of a partnership between Consol (Pittsburgh), the first to drill to the Utica last year,  and Hess (NY) with over $500 Million on the table.  It is reported that Hess will in a few weeks begin drilling in southern Ohio while Consol will concentrate in Mahoning and Portage counties, called the "Oil Window."