Next Generation Energy Corp has several natural gas projects in Eastern Kentucky. The Company’s initial acquisitions focused on properties that are primarily located in regions of Devonian shale in the Appalachian Basin of the Eastern United States. Devonian shale has proven reserves of natural gas, coal and oil. Devonian shale gas is becoming a major source of natural gas in the U.S. New technologies in horizontal drilling and hydrologic fracturing are significantly improving the recovery efforts of natural gas by increasing production and lowering costs.
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