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Ohio Utica Shale

Investors challenge 18 oil and gas companies

By Bob Downing Published: February 9, 2012

On Wednesday, investors filed shareholder resolutions with Chesapeake Energy, Exxon-Mobil, Chevron, ConocoPhillips and 14 other American oil-and-gas companies.

The investors want the companies to disclose their plans for managing environmental and workplace challenges including hydraulic fracturing or fracking, greenhouse gas emissions and worker safety.

"The common thread of these resolutions is stronger management focus on environmental and social challenges that will have real bottom line impacts," said Mindy Lubber, director of the Investor Network on Climate Risk and president of Boston-based Ceres, that coo0rdinated the filings.

Most of the resolutions are associated with the financial risks from fracking and seek detailed financial accountings of how companies are addressing the risks associated with community concerns.

"As community opposition and regulatory risks for fracking operations grow, investors are likewise concerned about how businesses are managing their exposure to these risks," said Larisa Ruoff of Green Century Capital Management.

Click here to see the announcement.



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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

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.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

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.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.