The Utica Shale is generating increasing activity from exploration and production firms and is grabbing significant attention in the media.
Pennsylvania Governor Tom Corbett intends to both stimulate the state’s economy and preserve the state's environment, he announced in implementing several suggestions advocated by the Marcellus Shale Advisory Commission.
Strategic Oil and Gas (SOG:TSXV) announced the results gathered from its first production test of its horizontal Sulphur Point oil well existing at Steen River in Alberta, Canada on October 4.
Carrizo Oil and Gas (CRZO:NASDAQ) and Avista Capital Partners have announced a joint venture to go after liquid rich natural gas in the Utica shale.
Investment bank Raymond James stated on September 28 that it was maintaining its Outperform rating for exploration and production company Kodiak Oil and Gas (KOG:NYSE).
The Upper Devonian geologic, which lies just above the giant Marcellus shale, potentially holds as much gas as the Marcellus, a top manager at Range Resources said recently.
The New York Department of Environmental Conservation (DEC) has recently issued proposals for regulations that would affect hydraulic fracturing activity occurring in the portion of Marcellus shale that exists in New York.
Investment bank Cannacord Genuity recently upgraded oil and gas company Trinidad Drilling (TDG:TSX) to a BUY rating and maintained its target share price of C$11.25.
