Northeast Natural Energy

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(start-up natural gas exploration and production company)
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(Exploration start-up buys Marcellus shale acreage position -central and SW PA)
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Charleston, [[West Virginia]] '''Northeast Natural Energy''' (NNE) is a start-up natural gas exploration and production company focusing on the [[Marcellus shale]]. Charleston, [[West Virginia]] '''Northeast Natural Energy''' (NNE) is a start-up natural gas exploration and production company focusing on the [[Marcellus shale]].
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 +A press release appeared in March, 2010 announcing that NNE had acquired 11,657 net acres in Armstrong, [[Clearfield]] and Westmoreland counties in [[Pennsylvania]]. The property appears to have been held by production from shallow wells. The acreage and wells were purchased from ''Nytis Exploration Company LLC''.
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 +NNE is a portfolio company of private equity firm ''Metalmark Capital''.
* Michael John is NNE's President. * Michael John is NNE's President.
* B.J. Carney is Vice President of Geoscience. * B.J. Carney is Vice President of Geoscience.

Revision as of 20:18, 12 March 2010

Charleston, West Virginia Northeast Natural Energy (NNE) is a start-up natural gas exploration and production company focusing on the Marcellus shale.

A press release appeared in March, 2010 announcing that NNE had acquired 11,657 net acres in Armstrong, Clearfield and Westmoreland counties in Pennsylvania. The property appears to have been held by production from shallow wells. The acreage and wells were purchased from Nytis Exploration Company LLC.

NNE is a portfolio company of private equity firm Metalmark Capital.

  • Michael John is NNE's President.
  • B.J. Carney is Vice President of Geoscience.
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