Milestone: JKLM Energy flows gas in Potter Co, Ohio – news reports


On July 10, Marcellus Drilling News highlighted a story that JKLM Energy had successfully drilled and produced gas from the first Utica well in Potter County, Ohio.

JKLM is owned by Terry Pegula, who previously sold Marcellus and Utica-focused East Resources in two very large transactions… first to Shell for $4.7bn and then for $1.7bn to American Energy Partners. And, oh yeah, owner of the Buffalo Bills.

The company is already a top producer in the Marcellus, averaging almost 9 MMcf per day, according to Pennsylvania state production data.