Ultra Petroleum Corp

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		+	'''Ultra Petroleum Corp.''' (UPL) was reported in September, 2008 as having a 270,000 gross acre land hold in Pennsylvania, and has several wells either drilled or in the process of being drilled in Potter County, PA in an isolated location approximately 20 miles west of Wellsboro called Marshlands. They are testing both the Oriskany and Marcellus shale horizons. One of two Oriskany test wells has potential estimated production of 5 million cubic feet per day from Oriskany. Ultra owns a 50% working interest. [[East Resources]] who operates the wells is an equal 50% joint venture partner with Ultra.
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		+	Mike Watford is Ultra's Chairman, President, and CEO. Sally Zinke is Director of Exploration.

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Revision as of 01:24, 23 September 2008

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Ultra Petroleum Corp. (UPL) was reported in September, 2008 as having a 270,000 gross acre land hold in Pennsylvania, and has several wells either drilled or in the process of being drilled in Potter County, PA in an isolated location approximately 20 miles west of Wellsboro called Marshlands. They are testing both the Oriskany and Marcellus shale horizons. One of two Oriskany test wells has potential estimated production of 5 million cubic feet per day from Oriskany. Ultra owns a 50% working interest. East Resources who operates the wells is an equal 50% joint venture partner with Ultra.

Mike Watford is Ultra's Chairman, President, and CEO. Sally Zinke is Director of Exploration.