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What Did You Miss in the Utica this Quarter?
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Shale Experts is recapping 1Q 2014 activity in the Utica, the fast-growing US play.
Taking a quick look at the overall picture in the Utica: Rice Energy - Successful offering of $900.0 million of 6.250% senior unsecured notes due 2022 with proceeds used to repay second lien term loan and to fund 2014 capital expenditures In the Utica Shale, we successfully drilled and completed our Bigfoot 9H (7,000 foot lateral) and expect to test the well in the near term. We also have drilled and cased our second horizontal Utica well, Blue Thunder 12H, in 34 days. This well has a 9,000 foot lateral, and we drilled from kickoff point to total depth in seven days. We are currently drilling a second 9,000 foot lateral from the Blue Thunder pad and will frac these wells as part of our science efforts to…- ✓ Full news archive — U.S., Canada & international coverage
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