EdgeMarc Energy, headquartered in Canonsburg, PA (with 45,000 acres of Marcellus/Utica leases), is filing for Chapter 11 bankruptcy, looking to sell all of the company’s assets. The reason? They can’t move their production to market because their main pipeline partner, Energy Transfer’s Revolution Pipeline, exploded last September and ET has not been able to get the PA Dept. of Environmental Protection to allow them to restart it.
Categories
Recent Posts
- Allegheny County Executive Rich Fitzgerald denounces Peduto’s anti-cracker plant stance
- EQT Puts $1.5B of Assets on Market in Push to Cut Costs Further
- U.S. natgas glut dims outlook for big producers as prices head to 25-year low
- A ban on fracking could result in a wasted opportunity across region
- EQT cuts spending on natural gas drilling in 2019, 2020
Recent Comments