Some true,some hearsay...Aubrey is looking for a site to build his regional office with a Cambridge address. Aep Utica is looking to drill a well behind the General store in Old Washington,early feb. .AEP is drilling now in Harrison co. Rice will be moving their big rig from Belmont co. to daddy Shugerts well in Old Washington,soon. Bluegrass Pipeline coming thru the county this year. Compressor station for Antero's well below Senecaville is ready to fire up any day. Gulfport is sending rigs to Guernsey soon. EQT is wanting to drill 21 new wells in Guernsey this year. Carrizo has 2 pads built,ready to roll. Cheasapeake,all of a sudden,likes Guernsey,better than Carroll. The company wanting to build an apartment complex at the I-77/Rt.22 site has agreed to help finance a sewer plant needed at that site& Coventry Estates. Motel to be built across from Pilot on the hill almost ready to roll. Some landowners near Quaker City are getting offers of $13,400. per acre to sell their Mineral rights. Any other tidbits are welcome. You hear things from credible sources that may not even be true,but you be the judge.
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Looks like a good spot to build a big lake!
Carrizo's presentation doesn't really say just what is being done with their only Utica rig that just got disassembled. Cant see them letting it sit Idle. Or hauling it to the Permian Basin. Oil prices could shoot up very quickly.
For what it's worth, the drill rig is going up on Bond's property (Skull Fork Rd) in Londonderry Township.
Carrizo paid a cool $1M - 96.34 acres. The Hall's kept all the mineral rights.
Wow!
Do you know what Carrizo is going to use the land for?
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