Carrizo Oil & Gas, a relatively small U.S.-based shale gas company, is acquiring capital from major Indian companies to help develop the Houston-based company's U.S. holdings, the Business Standard reports.
Carrizo, which has 21,700 net Utica acres in eastern Ohio, sold a 30 percent stake in its Niobrara shale assests in Colorado to Oil India and the Indian Oil Corporation for $85.2 million, reports the Ohio Shale blog by the Columbus law firm of Bricker & Eeckler.
While India's Reliance Industries – another company with which Carrizo has partnered – is attempting to gain a foothold into becoming a U.S. company, the state-controlled Oil and Natural Gas Corporation is partnering to learn the technology for use in India, the article said.
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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.