Champlain Resources Inc
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An October, 2008 report found Calgary, Alberta-based Champlain Resources Inc. (TSX-V: CPL.H) closed a deal to purchase 25,000 acres of Marcellus shale drilling rights mainly in Pennsylvania and southern New York State.
Houston, Texas-based Halliburton was selected as the project manager and will carry out drilling operations.
Champlain was in the news in June, 2009 when it completed a private placement of stock it had issued. One of the stated purposes for the funds raised were to expand the company's leasehold in Westmoreland, Fayette, Somerset, Luzerne, Wyoming, Tioga and Lycoming Counties of Pennsylvania.
- Troy Mochoruk is Champlain's Chairman and CEO.