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Permalink Reply by Alan Bowers on July 8, 2014 at 5:26am

Do you know which wells and where (township, county, state) the acreage is located?

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Permalink Reply by Alan Bowers on July 8, 2014 at 5:36am

Did a quick search on the web.  The wells were producing wells.  Looks like 22,000 acres in Greene County PA for $336 million according to Rice Energy President and COO Toby Rice.

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Permalink Reply by Steve Scattaregia on July 8, 2014 at 7:12am

Ya If you search through some of the different articles they go on to say that they will plan on beginning to develop the acreage by second quarter of 2015 and they plan on continuing there 24 well unit plan with the 12 existing pads. Pretty big jump in Greene county for rice

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Permalink Reply by Bill Barnaby on July 8, 2014 at 9:51am

15.7k per acre average with several wells on it.

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Permalink Reply by rmc on July 8, 2014 at 2:10pm

I wonder how many of those acres are set to expire in the next couple of years?

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