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Tag Archives: Rex Energy

Valley Fracking Activists plan open meeting

YOUNGSTOWN — Frackfree Mahoning Valley is planning a town-hall-style public meeting in Youngstown on March 13. Further details will be released about the meeting time and its location in the coming days. The meeting will focus on two documents recently obtained by Frackfree Mahoning Valley from the Ohio Department of Natural Resources. The first one showed the state denied a ...

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250 turn out for Middlesex hearing on challenge to ordinance allowing Rex Energy fracking

Hydraulic fracturing is saving farmland and preserving the rural character of Middlesex, proponents said during a public hearing Tuesday in Butler County on a challenge to a zoning ordinance that allows fracking. “There are family farms that were sold off because income levels weren’t enough,” said Scott Fodi, former manager of Middlesex who helped the township adopt the ordinance in ...

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Consol Energy posts $74M profit in fourth quarter

Consol Energy Inc. plans to trim capital spending on natural gas development but avoid the more drastic cuts other shale companies are announcing as it continues to ramp up production. The Cecil-based gas and coal company on Friday said it will spend about $1 billion on development in the Marcellus and Utica shales, a drop of 23 percent from the ...

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There’s a new CFO in town

On Wednesday, Rex Energy announced Thomas Rajan will take over as the company’s chief financial officer (CFO) on February 1st. Prior to accepting the CFO position with Rex Energy, Rajan recently served as managing partner for Fort Worth, Texas-based High Valley LLC.  According to Rex Energy, the company’s main focus was domestic exploration and production.  Before working with High Valley ...

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Long-term solution for wastewater disposal eludes shale gas industry

Defining wastewater disposal in the Marcellus shale fields has been a moving target. Drillers initially sent millions of gallons to public water treatment plants, until regulators said the plants were not equipped to properly clean the salt- and metal-laden water that comes from shale gas wells. The traditional method of injecting it back into deep wells is less feasible in ...

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Shale sector won’t gut area workforce

worker

Shale gas companies have started dialing back on spending to help offset a sudden drop in prices, but analysts don’t expect wide-scale layoffs and shutdowns in Appalachia like those prompted in other areas by the oil crash. “Gas prices were already depressed, so Marcellus operators already were running lean and mean,” said Andrew Byrne, director of North American equity analysis ...

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Middlesex drilling ordinance challenge could take years

An appeal of Middlesex’s drilling ordinance could last years and could help define the extent to which municipalities are allowed to oversee and regulate hydraulic fracturing, supporters and opponents of the ordinance say. The detailed and lengthy nature of the legal challenge was evident last week at the second of several hearings before the township’s Zoning Hearing Board. Opponents say ...

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Drilling regulations divisive in Middlesex

The legal battle over Middlesex’s zoning regulations that allow natural gas drilling in the majority of the township could play out for years, the head of the township’s zoning hearing board said. “These gentlemen on both sides have a lot of arguments,” said zoning hearing board Chair George Born. “On one hand, you have the people who want to drill ...

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Middlesex natural gas drilling hearings under way

The zoning hearing board in Middlesex, Butler County, began hearing evidence Tuesday in appeals to changes that allow natural gas drilling in most of the township. More than 150 people crowded into the township fire hall as attorney Jordan Yeager, representing two environmental groups and four residents, said that zoning cannot favor one or several property owners over the entire ...

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