Texas-based Carrizo Oil and Gas Inc. has sold off a portion of its northern Utica shale holdings.
The sale involves holdings in Ohio's Trumbull County plus Pennsylvania's Mercer and Crawford counties.
The leases were sold for $43 million in cash to an unnamed party.
The company did not say how many acres were involved in the sale, although earlier reports indicated it held 15,000 acres in that area.
The Youngstown-based Business Journal today reported that Texas-based Halcon Resources Corp. is the buyer.
Carrizzo still holds 26,000 acres in leases in the southern Utica shale: mostly in Ohio's Guernsey County.
It said it is most interested in Guernsey, Belmont and Harrison county in eastern Ohio.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.