- Hot Topics
Citigroup to underwrite county’s track financing
Citigroup has been chosen to underwrite the county’s share of financing for the racetrack/casino proposed for Mahoning Township. The bank will issue bonds or notes to finance part of the $400 million project proposed for Lawrence County.
Ohio’s demands to delay Penn National progress
Penn National Gaming will have another six months to meet Ohio Racing Commission demands. In a special meeting yesterday, commission members asked Penn National to redesign the $125 million racetrack set for Austintown.
SRU to host shale summit
Slippery Rock University will host a summit Tuesday to educate local businesses about the Marcellus and Utica shale industry. The session, called Shale Summit II, will be a joint venture of the university, the Grove City Area and Butler County chambers of commerce and WISR/WBUT radio.
Ohio racetrack project takes another step
Penn National Gaming will present its plans for a $125 million Austintown racetrack to the Ohio Racing Commission next week. Details of relocating the thoroughbred racetrack from a Columbus suburb to Austintown will be presented at a special meeting March 7.
Shale Update: Gas from 2012 wells entering pipeline
Wells drilled a year ago in Lawrence County are producing natural gas that is entering a pipeline for consumers. Natural gas from the Marcellus Shale formation under Lawrence County is now being pumped from two wells on the Harry Patterson property in the New Beaver Borough area into a major pipeline and is being sold, said Joe Minnitte, case manager for Shell Exploration and Production Co.
Commission approves shale pact for Pulaski game lands
The Pennsylvania Game Commission will allow Hilcorp Energy Co. to extract oil and gas from Pulaski Township state game lands. The eight-member board today unanimously approved a restricted surface use oil and gas cooperative agreement for two separate tracts, including 586 acres of state game land 150.
Endeka gets extension for track/casino
George Crawford, executive secretary of the Pennsylvania State Harness Racing Commission, Monday granted the 45-day extension, giving the Philadelphia-based company licensed by the commission to operate in Lawrence County additional time “to come into full compliance” with conditions set by the commission.
Estate planning workshop to address shale issues
A free workshop on estate planning for shale gas leases is planned this month in Lawrence County. Estate Planning for Marcellus Shale Lease Holders, will run from 6:30 to 8 p.m. Jan. 22 at the Shenango Township Volunteer Fire Hall, 2424 E. Washington St. It is being hosted by state Rep. Jaret Gibbons.
Extension to review seismic tests, pipelines
A program on seismic testing, pipeline agreements and leasing will be offered three times next week. Penn State Extension and the Beaver-Lawrence Farm Bureau will present the program Tuesday in New Castle. It will be presented two more times on Thursday in Beaver County.
Shell donation boosts Jameson project
Shell Appalachia’s search for natural gas will help fuel completion of Jameson Heath System’s emergency/surgical wing. Jameson is scheduled to take possession of its $20.3 million expansion Feb. 14.
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- Citigroup to underwrite county’s track financing