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"Mahoning and Portage, Called Oil Window"

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

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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."