Kentucky-based Encore Energy last summer announced that it is the leasing agent for 175,000 acres in the Utica shale in eastern Ohio.
That acreage has grown to 250,000 acres.
It is seeking interested drilling partners.
Here is the company's Wednesday press release:
Today, Encore Energy, Inc. provided the following report for recent lease activity, available properties for lease and services available to mineral owners and operators in the Utica Shale of Eastern Ohio.
Serving as an advisor and representative to producers and mineral lease owners for their acreage in the Utica Shale, Encore has recently closed on the sale of acreage tracts located in the oil / wet gas window across three townships of Eastern Morgan and Northern Washington Counties including a 1,300-acre tract just a couple of miles from Anadarko’s producing lease in Noble County. The majority of this acreage is HBP (held by production).
Encore is currently presenting multiple “add-on” tracts of acreage in Noble and Guernsey counties to a number of active operators in this area where there exist an explosion of activity and reports of phenomenal success from a combination of crude oil, condensate, natural gas liquids and dry gas production.
“We are currently representing nearly a dozen properties located across a half dozen townships in Guernsey and Noble counties alone,” said Joe Turner, Encore’s Executive Vice President of Operations.
As an experienced horizontal well operator, Encore’s team has the proven track record and industry relationships necessary to provide a “win win” result for Utica operators and mineral owners alike. Encore works directly with operators to develop select tracts for future horizontal operations that fulfill the company’s exploration and production objectives while providing the very best price and terms to the mineral owner.
Encore guides mineral owners through the process of contract development, title review, curative and closing of their property. Encore also represents the mineral owner’s interest as it relates to future operations conducted on their property. Encore is only paid fees when a property closes. The ultimate goal is to protect the mineral owner and facilitate the needs of the production company. Encore also works exclusively with certain operators to locate and secure strategic acreage. Nearly 100 prominent US operators have access to Encore’s Utica Shale “lease information” database located at www.encore-energy.com.
Encore has access to nearly 250,000 acres across 13 counties of the Utica play including a featured property of 10,000 +/- contiguous HBP acres for lease, or JV development, in Washington, Athens and Meigs Counties located off-set to “Utica vertical well pilot program(s)” that report increasing oil shows from a fracture treatment and TOC (total organic content) estimates of 2%.
“For the long-term, Encore is working with certain industry investors to develop future drilling operations of its own in the Utica Shale,” said Steve Stengell, Encore’s President and CEO.
If you would like to find out more about Encore’s services or available Utica properties for lease, please contact Steve Stengell or Joe Turner at (855) 238-1242, or e-mail us directly at email@example.com.*
*Encore Energy, Inc. (Jan 2, 2013) – Encore Energy Increases Opportunity for Mineral Owners in the Utica Shale
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.