Penneco Oil Company
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| A report in December, 2008 indicated [[Dominion Gas|Dominion]] had won its lawsuit, ''Penneco Pipeline Corp, et al versus Dominion''. Penneco had taken out hundreds of leases on land already leased to Dominion and used for gas storage. The court affirmed Dominion's right to the land, and that any wells drilled by Penneco on Dominion's leases would have to be transferred to Dominion. It was not clear from the report if this included the aforementioned Indiana County wells. | A report in December, 2008 indicated [[Dominion Gas|Dominion]] had won its lawsuit, ''Penneco Pipeline Corp, et al versus Dominion''. Penneco had taken out hundreds of leases on land already leased to Dominion and used for gas storage. The court affirmed Dominion's right to the land, and that any wells drilled by Penneco on Dominion's leases would have to be transferred to Dominion. It was not clear from the report if this included the aforementioned Indiana County wells. | ||
| - | Christopher Fiano is Penneco's Vice President and CFO. | + | * Benjamin Wallace is the company's COO. |
| + | * Christopher Fiano is Penneco's Vice President and CFO. | ||
Revision as of 00:55, 9 September 2009
Here is where some info about Penneco Oil Company should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
Delmont, Pennsylvania-based Penneco Oil Company is an oil and gas exploration and production company
Penneco was reported to be drilling several Marcellus shale wells in Indiana County, Pennsylvania.
A report in December, 2008 indicated Dominion had won its lawsuit, Penneco Pipeline Corp, et al versus Dominion. Penneco had taken out hundreds of leases on land already leased to Dominion and used for gas storage. The court affirmed Dominion's right to the land, and that any wells drilled by Penneco on Dominion's leases would have to be transferred to Dominion. It was not clear from the report if this included the aforementioned Indiana County wells.
- Benjamin Wallace is the company's COO.
- Christopher Fiano is Penneco's Vice President and CFO.
