Posted on February 5, 2012 at 1:58pm
Do the negotiations include access to the Utica Shale or only the Marcellus? I noted that some are seeing the Utica as a separate opportunity from a leasing standpoint. In addition the Utica could potentially contain more liquids and possibly some oil. Either would be higher in value than dry gas. Rex has apparently completed a successful Utica gas well near Muddy Creek in Butler County.