Inflection Energy LLC
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Denver, Colorado-based Inflection Energy LLC is a privately held natural gas exploration company with holdings in both the Marcellus and Utica shale plays. As of May, 2011 its leasehold in New York State was 15,000 acres with an additional 6,000 in Pennsylvania.
The company has reportedly leased land in Broome and Tioga counties, New York.
Inflection was in the news in July, 2010 when it offered to lease 5,610 acres of land belonging to Broome County, New York. Negotiations had been suspended at the time of the article.
Later in July, the company was again in the news when it appeared before the town of Vestal Zoning Board of Appeals. Vestal is also located in Broome County, NY. The matter before the Board was an application by Inflection's business partner MegaEnergy Inc to build a natural gas metering station along Owego Rd. close to Vestal Parkway. The station was to measure and depressurize gas before connecting to a pipeline belonging to the Rochester, NY-based public utility, NYSEG.
Inflection had reportedly leased 800 acres in the vicinity of Owego Rd. and already drilled a vertical pilot well.
According to a May, 2012 company press release, Inflection acquired an additional 3,000 acres in Broome County, bringing its total New York acreage up approximately 15,000 acres.
- Inflection’s Chairman and CEO is Mark S. Sexton.
- Scott Zimmerman is Executive Vice President.
- Tom Coyne is a media contact.