Penneco Oil Company

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-	'''Penneco Oil Company''' was reported to be drilling several [[Marcellus shale]] wells in Indiana County, [[Pennsylvania]].	+	Delmont, [[Pennsylvania]]-based '''Penneco Oil Company''' is an oil and gas exploration and production company
-	A report in December, 2008 indicated [[Dominion Gas|Dominion]] had won its lawsuit, ''Penneco Pipeline Corp, et al versus Dominion''. Penneco had taken out hundreds of leases on land already leased to Dominion and used for gas storage. The court affirmed Dominion's right to the land, and that any wells drilled by Penneco on Dominion's leases would have to be transfered to Dominion. It was not clear from the report if this included the aforementioned Indiana County wells.	+	Penneco was reported to be drilling several [[Marcellus shale]] wells in Indiana County, [[Pennsylvania]].
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		+	A report in December, 2008 indicated [[Dominion Gas|Dominion]] had won its lawsuit, ''Penneco Pipeline Corp, et al versus Dominion''. Penneco had taken out hundreds of leases on land already leased to Dominion and used for gas storage. The court affirmed Dominion's right to the land, and that any wells drilled by Penneco on Dominion's leases would have to be transferred to Dominion. It was not clear from the report if this included the aforementioned Indiana County wells.
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		+	Christopher Fiano is Penneco's Vice President and CFO.

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Revision as of 18:17, 19 June 2009

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Delmont, Pennsylvania-based Penneco Oil Company is an oil and gas exploration and production company

Penneco was reported to be drilling several Marcellus shale wells in Indiana County, Pennsylvania.

A report in December, 2008 indicated Dominion had won its lawsuit, Penneco Pipeline Corp, et al versus Dominion. Penneco had taken out hundreds of leases on land already leased to Dominion and used for gas storage. The court affirmed Dominion's right to the land, and that any wells drilled by Penneco on Dominion's leases would have to be transferred to Dominion. It was not clear from the report if this included the aforementioned Indiana County wells.

Christopher Fiano is Penneco's Vice President and CFO.