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Appalachian Marcellus, deeper zones eyed

09/01/2008
Zone Oil & Gas LLC, Buffalo, NY, signed an exploration and geophysical joint venture deal with Penn Virginia Corp., Radnor, Pa., to explore the Devonian Marcellus shale and Oriskany sandstone and Silurian Tuscarora sand in Pennsylvania.The joint venture covers 40,000 acres in Tioga, Potter, Somerset, Westmoreland, and Fayette counties in north-central and southwestern Pennsylvania. The program is to shoot at least one 3D seismic survey and drill as many as six wells in 2009, said Thomas H. O’Neill Jr., Zone chairman.Predecessor entities chaired by O’Neill “recorded solid success in the Oriskany in Pennsylvania and West Virginia over the past 25 years,” O’...
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