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Ohio Utica Shale

New joint drilling venture announced in central Ohio

By Bob Downing Published: January 16, 2013

From ShaleOhio blog from the Columbus law firm of Bricker & Eckler:

Canada-based Marksmen Energy Inc. announced on Tuesday that it has executed a joint exploration and operating agreement with Columbus-based Knox Energy Inc. for the joint exploitation of Knox’s 6,100-acre Owl Creek Prospect in central Ohio, a press release from Marksmen Energy said.

Under the agreement, Knox will be the project operator and Marksmen has “the right to earn a 70 percent working interest in Owl Creek by completing a 3D seismic survey,” the release said.

For more, read the full press release.
 

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