MDS Energy

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Revision as of 23:28, 17 August 2010
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(Company plans Marcellus shale land pool in northwest central PA)
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-Kittanning, [[Pennsylvania]]-based '''MDS Energy, Ltd.''' is an independent oil and gas production company that is a wholly-owned subsidiary of ''MDS Associated Companies''. The parent company also owns the drilling, pipelining and construction company ''First Class Energy''. MDS specializes in developing on small acreage in residential and commercial areas, 
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-The MDS website, accessed in August, 2010, indicates that it controls over 10,000 acres in [[Armstrong]], Butler, [[Clarion]], [[Jefferson]], and Indiana counties. 
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-A news account in August, 2010 stated that MDS had made an open invitation to landowners in its service area to join in a pool of up to 500,000 acres that could be offered for sale to a large bidder. The article mentioned that the company either already owned or else had commitments for 300,000 acres. ''Knapp Acquisitions and Properties'' was partnering with MDS on this project. Reportedly, MDS had drilled 11 [[Marcellus shale]] wells, but required support, possibly from a joint venture partner, to further develop its acreage to best advantage. 
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-* Michael D. Snyder is President of MDS Energy and First Class Energy.  
-* Shawn Cogley is a MDS land agent. 
-* Mike Knapp of Knapp Acquisitions and Properties is contact on the MDS land pool. 

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