XTO Energy

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-'''XTO Energy''' (XTO) paid $600 million for the right to drill on 142,000 Marcellus Shale acres. This is the highest amount paid for the Marcellus shale. In September, 2008, XTO was reported to have leased land for drilling in eastern Broome and western Delaware counties of New York.+'''XTO Energy''' (XTO) paid $600 million for the right to drill on 142,000 Marcellus Shale acres. This is the highest amount paid for the Marcellus shale.
 + 
 +In September, 2008, XTO was reported to have leased land for drilling in eastern Broome and western Delaware counties of New York.
 + 
 +In November, 2008 there was a report that the company had leased land at the Indiana County Airport from the Indiana, Pennsylvania County Commissioners, and it had plans to sink three wells there.

Revision as of 15:58, 28 November 2008

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XTO Energy (XTO) paid $600 million for the right to drill on 142,000 Marcellus Shale acres. This is the highest amount paid for the Marcellus shale.

In September, 2008, XTO was reported to have leased land for drilling in eastern Broome and western Delaware counties of New York.

In November, 2008 there was a report that the company had leased land at the Indiana County Airport from the Indiana, Pennsylvania County Commissioners, and it had plans to sink three wells there.

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