AB Resources LLC
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| Brecksville, Ohio '''AB Resources LLC''' is a privately-held, oil and gas exploration and production company focusing on Appalachian Basin exploration with over 700 wells in [[Ohio]], [[Pennsylvania]] and [[West Virginia]]. 550 are producing. According to its web site, accessed in May, 2009 the company owns drilling rights to in excess of 90,000 acres prospective for [[Marcellus shale]]. | Brecksville, Ohio '''AB Resources LLC''' is a privately-held, oil and gas exploration and production company focusing on Appalachian Basin exploration with over 700 wells in [[Ohio]], [[Pennsylvania]] and [[West Virginia]]. 550 are producing. According to its web site, accessed in May, 2009 the company owns drilling rights to in excess of 90,000 acres prospective for [[Marcellus shale]]. | ||
| - | In March, 2009 AB was reported to be actively drilling in Marshall County, West Virginia. | + | In March, 2009 AB was reported to be actively drilling in Marshall County in West Virginia's Northern Panhandle. |
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| + | A news item appeared a year later in March, 2010 indicating that AB Resources was in the process of negotiating a lease with the ''New Vrindaban Hare Krishna Community'' in Marshall County, WV. The terms were $2,500/acre with a 18.75% royalty on production. 4,000 acres were to be leased. | ||
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| + | The same report mentioned the 90 acre John Regan farm in Marshall Co. that had been leased by AB for $5/acre a few years ago. | ||
| * Gordon O. Yonel is AB's President and CEO. | * Gordon O. Yonel is AB's President and CEO. | ||
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| * James K. Wilson is the Vice President of Exploration. | * James K. Wilson is the Vice President of Exploration. | ||
| * David L. Ishmael is the company's Director of Midstream Operations. | * David L. Ishmael is the company's Director of Midstream Operations. | ||
| + | * Michael D. Schriml is an independent contractor (land) for AB Resources. | ||
Revision as of 03:19, 9 March 2010
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Brecksville, Ohio AB Resources LLC is a privately-held, oil and gas exploration and production company focusing on Appalachian Basin exploration with over 700 wells in Ohio, Pennsylvania and West Virginia. 550 are producing. According to its web site, accessed in May, 2009 the company owns drilling rights to in excess of 90,000 acres prospective for Marcellus shale.
In March, 2009 AB was reported to be actively drilling in Marshall County in West Virginia's Northern Panhandle.
A news item appeared a year later in March, 2010 indicating that AB Resources was in the process of negotiating a lease with the New Vrindaban Hare Krishna Community in Marshall County, WV. The terms were $2,500/acre with a 18.75% royalty on production. 4,000 acres were to be leased.
The same report mentioned the 90 acre John Regan farm in Marshall Co. that had been leased by AB for $5/acre a few years ago.
- Gordon O. Yonel is AB's President and CEO.
- Christopher T. Halvorson is CFO.
- James K. Wilson is the Vice President of Exploration.
- David L. Ishmael is the company's Director of Midstream Operations.
- Michael D. Schriml is an independent contractor (land) for AB Resources.
