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Ohio Utica Shale

NRP acquires Marcellus acreage in Pennsylvania

By Bob Downing Published: December 28, 2012

From the PR Newswire on Dec. 20:

HOUSTON -- Natural Resource Partners L.P. (NYSE: NRP) today reported that it has acquired overriding royalty interests in Pennsylvania's  Marcellus Shale for $30.3 million. The acquisition was funded through the partnership's credit facility.

The acquisition is on approximately 88,000 net acres located mainly in the liquids rich region of the Marcellus Shale. The acreage is currently leased and includes established production as well as significant additional planned development potential.

This acquisition continues to diversify NRP's revenues and expand NRP's unconventional oil and gas holdings, which currently include assets located primarily in the Marcellus Shale, Mississippi Lime, and Haynesville Shale plays.

Company Profile

Natural Resource Partners L.P. is a master limited partnership headquartered in Houston, TX, with its operations headquarters in Huntington, WV. NRP is principally engaged in the business of owning and managing mineral reserve properties. NRP primarily owns coal, aggregate and oil and gas reserves across the United States that generate royalty income for the partnership.


 
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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.

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National Geographic's The Great Shale Rush.

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Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

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Allegheny Front, environmental public radio for Western Pennsylvania.