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CHK withdraws request for water     22-Oct-09 10:06 am    
Yesterday, CHK withdrew it's application to draw water
from the Delaware river for drilling in the Marsellus shale
in Wayne Co. PA and Sullivan county, NY ... they will continue to attend the local meetings and have indicated
that they will seek another solution.
That whole area is NYC watershed .... it poses the threat
that NYC will have to spend 10+ billion $$$ for water
treatment ... there will be much resistance to drill in
the northern parts of Marsellus .. I believe that most of
the leases for ATLS are farther south and won't have as
much resistance.
The areas in NE Pa and NY where the gas is located, however
are extremely depressed ( have been for decades) , the
locals need jobs, the leases are allowing people to stay
in the homes they lived in for their whole lives ...
it will be a tug a war and most likely be determined by
the $$$$$ ...
later and good luck .... .garce
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AU90CU10


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CHK withdraws request for water
AU90CU10 Not rated 22-Oct-09 10:06 am  
 
There was a state meeting tonight in PA on marcell...
chegerar Rate it 23-Oct-09 02:10 am  
 
Please don't get me wrong, about the "depress...
AU90CU10 Rate it 26-Oct-09 10:42 am  
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Atlas Energy, Inc. (ATLS)

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