Does anyone know of leasing in Norwich
Township / McKean County. We have over 200 acres looking to lease
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I'm unaware of leasing in McKean County, which is not to say there is none! Fact is, I don't know.
200 acres is a pretty nice stretch of land. Are you thinking Marcellus, or Utica . . or something else?
My best guess is that's Utica territory, where shale gas is concerned I mean. There's leasing across your Potter County (eastern) border, of course. That bodes well for your prospects.
Norwich Township is the absolute best location in McKean County . . . because it's farthest from the lake. Course it's not the best for people that likes snow!! ;-)
But Norwich Township might also be best for Utica shale. Looking at the maps here, being furthest east and furthest south (in McKean County) looks to be a good thing:
At the same time, this post:
and others on that thread would appear to paint a less positive picture than those maps.
Seneca Resources and PGE (Pennsylvania General Energy) are your best bets in Norwich Township. Both have drilled a number of Marcellus test wells there and have the ability to do deeper Utica drilling if it becomes economic in the future. I wouldn't worry about any shallow prospects, as there isn't much interest in those right now in that area. This township is 99% a Marcellus and (hopefully) Utica prospect at this point.
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