MarkWest Looking to Grow in Utica Shale
From The Intelligencer/Wheeling News-Register:
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Read the whole article here.As Gulfport Energy continues drilling profitable Utica Shale wells across eastern Ohio, MarkWest Energy plans to build about $1.8 billion worth of new infrastructure this year to process the gas."In 2012 we invested almost $2 billion on strategic growth projects primarily in our Marcellus and Utica business units and in 2013, we expect to invest between $1.5 and $1.8 billion on additional capital projects, which are supported by long-term, largely fee-based contracts," said Frank Semple, chairman, president and chief executive officer of MarkWest Energy.
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