Growing Marcellus Activity

Growing Marcellus Activity

Wednesday, August 5, 2009

2Q conference call transcripts - all report great wells

Anadarko - 300,000 acres predominantly in North Central Core
Cabot - Leading current producer in NE PA - Focus Susquehanna County
Chesapeake - Largest player & very active in Bradford County leases throughout the core area most active 2009 driller
Range - Lycoming, Clinton & Bradford wells. Ramping up NE development in 2010
Senneca (National Fuel) - High bidder for '08 PA state forest leases. Active in Tioga & Lycoming counties
Talisman - Focus Bradford & Tioga Counties through Fortuna subsidiary
Ultra - AMI w/ East resources dominant in Tioga county w/ significant Potter, Lycoming, Bradford & Sullican acreage

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