Norse Energy Corp ADR (NSEEY)

[reaper247]

Norse Files for its Third Shale Gas Horizontal

(full story at link)
http://nyshalegasnow.blogspot.com/2011/11/norse-files-for-its-third-shale-gas.html

Chenango County is starting to look like it could become Upstate New York's Pioneer of Marcellus and Utica Shale Gas, what with all three post-moratorium drilling permit applications being situated in that rural locale.

Technically, New York's tortured SGEIS process has still not fully run its course, and the shale gas moratorium remains in place. But there's been one exploration and production company getting in line way early for drilling permits, in anticipation that the temporary ban will be declared over sometime in 2012.

The NYS DEC's public database of regulated wells shows Norse Energy on Nov. 14 put in another application — this time for a full-on horizontal Marcellus shale gas well to be called the Martin, C. 1H. The proposed well pad location maps out near the uphill corner of Jones Hill Road and Town Line Road in the Town of McDonough. If it ever happens, the outermost reach of the horizontally running drillbit would be deep under the valley of Genegantslet Creek, about one full mile away, across Route 220 in the Town of Smithville.

IMO and FWIW.