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Recent news and Articles:
25Aug08 Friendsville Group Status Update:
Progress:
We made good progress in the past two weeks. We have completed Step #2 and are now moving in to Step #3.
The original Master List contained 55 Companies who received Step #1 Letters. 32 of those Companies requested more information on the Group and
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Attached is a recent report comparing the six major Shale Plays in the U.S. Figures 7 and 8 on pages 10 and 11 show detailed technical and economical comparisons. The NET is that the Marcellus Shale delivers the highest rate of return to the Energy Companies of any of the six major
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11Aug08 Friendsville Group Status Update
Progress:
As reported in the last Status Update, the Negotiation Team is in Step #2 of a four step plan to get to a Lease Signing. During Step #1 over two dozen Energy Companies expressed interest in the Group's Land and in continuing through the Negotiation Process.
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28Jul08 Friendsville Group Status Update
Progress:
The Negotiation Team is executing a four step plan to get to a Lease Signing. We have completed Step #1 which involved the "Initial Contact and Survey of Interested Companies". Of the many Energy Companies contacted, about half of them expressed interest in the Group's Land and
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13Jul08 Friendsville Group Status Update
Progress:
The Core Team has switched from working on Lease creation over to a focus on the Negotiation Phase. We established a plan for a multiple step Negotiation and Bidding process that will be used to reach a Deal that we will recommend to the Group. Initial contact
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Loretta and her husband (the author of this article) are part of the Apalachin, NY Gas Group.
At our first Group meeting on May 21, a young man had asked if we had looked
into the possible environmental effects of gas drilling. At the time we had
not. However,
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Outcrops of
the Middle Devonian Marcellus Formation
Scroll Down

{Route 54 south of Washingtonville, PA} In this outcrop the
Marcellus is not heavily fractured. In viewing this outcrop
is it easy to understand why many vertical wells
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The Spring 2008 publication of the "Pennsylvania Geology Vol. 38, No.1"
confirms that Susquehanna, Bradford, Wayne, and Broome (by
extrapolation) Counties are in the Heart of the Marcellus Shale Core Area.
Look for the full article posted on this website and see below a quote and a
graph of the
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Read all news articles »
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