Unbridled Energy Corp
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The company announced in December, 2008 that it was abandoning its [[Marcellus shale]] initiative along with its 8,000 acre leasehold because of economic conditions. It plans to focus instead on developing leases held in [[New York]] State. | The company announced in December, 2008 that it was abandoning its [[Marcellus shale]] initiative along with its 8,000 acre leasehold because of economic conditions. It plans to focus instead on developing leases held in [[New York]] State. | ||
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+ | It was reported in March, 2009 that Unbridled was drilling a 7,700 ft basement well to perform a ''stratigraphic test'' on their New York leasehold. It is being drilled in cooperation with the [[New York State Energy Research and Development Authority|New York State Energy Research and Development Authority's]] (NYSERDA) research project on testing deep horizons in Western New York. |
Revision as of 03:49, 26 March 2009
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Canadian-based Unbridled Energy Corp. (TSX VENTURE: UNE)(OTCBB: UNEFF) set up an office in Sewickley, Pennsylvania near Pittsburgh and spent $500,000 leasing land in Tioga County, Pennsylvania.
The company announced in December, 2008 that it was abandoning its Marcellus shale initiative along with its 8,000 acre leasehold because of economic conditions. It plans to focus instead on developing leases held in New York State.
It was reported in March, 2009 that Unbridled was drilling a 7,700 ft basement well to perform a stratigraphic test on their New York leasehold. It is being drilled in cooperation with the New York State Energy Research and Development Authority's (NYSERDA) research project on testing deep horizons in Western New York.