Driller cuts back on new wells in Marcellus Shale – Pittsburgh Business Times

Add one more company to the rolls of natural gas firms that are cutting back in the wake of lower energy prices.

PennEnergy Resources LLC stopped drilling new wells in October, according to a report over the weekend in the Beaver County Times. Penn Energy has leases in Beaver, Butler and Armstrong counties.

via Driller cuts back on new wells in Marcellus Shale – Pittsburgh Business Times.

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