Join the Business Development Study Group at the Four Seasons Hotel as we hear from two distinguished speakers on recent activity and future direction of the Marcellus Shale. The popular format of a Business & Social Networking hour, with complimentary Hors’ D’ Oeuvres and a cash bar, followed by an hour-long program, will begin at 6:00 pm in the Mezzanine.
With a prime location for Northeast markets, largely pro-development government support, shovel ready technology, shallow depth, moderate development costs, and an aerial extent (WVa to NY) that dwarfs the Barnett, who could avoid crowning Marcellus as Rex? Yet issues abound that may keep Camelot at bay. An overstretched and undermanned regulatory system, infrastructure challenges – from roads to gathering systems to gas plants, taxation uncertainty, heated debate over both water sources and water disposal, constrained leasing of state forest lands, pending legal issues before the Pennsylvania Supreme Court, and an outright ban in NY pending the release of new regulations. Please join us as our distinguished speakers update us on both the promise and the problems of Marcellus.