Eclipse Resources has signed an agreement with Sequel Energy Group to establish a joint venture to drill in southeastern Ohio’s Utica shale play, reports the Youngstown Business Journal. The newspaper says Sequel has committed up to $325 million to fund its portion of two drilling programs that include 34 existing wells and others to be developed through the end of 2018.

http://www.shaleohio.com/post/detail/eclipse-sequel-form-joint-venture-in-utica-shale-play-233820

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