1 State Simply Saturated

with Energy Potential

Photo credit: Flickr/Nicholas A. Tonelli

The Marcellus Shale holds more proved natural gas reserves than any shale

play in the U.S.

Because of that Pennsylvania is the

second largest holder of proved natural gas reserves in the U.S.

Because of that Pennsylvania is the

second largest holder of proved natural gas reserves in the U.S.

That’s just what we currently know about the

Marcellus Shale.

Moreover, what the industry is finding is that

Pennsylvania has a lot more gas than just what is

found in the Marcellus.

In fact, the industry believes the state is

stacked with gas bearing rocks above and below

the Marcellus Shale.

Above the Marcellus Shale:

Below the Marcellus Shale:

Add up these three areas and Pennsylvania's energy

wealth is really spread across the state.

Combined potential:

That’s really great news for investors in companies

with a lot of acreage in the state.

Range Resources

• Range has leased more than 1 million net acres prospective for shale plays in Pennsylvania.

NYSE: RRC

Range Resources

• Range has leased more than 1 million net acres prospective for shale plays in Pennsylvania.

NYSE: RRC

EQT Corporation

• EQT Corporation has 110,000 net acres in Southwestern PA, 80,000 net acres in Central PA and 170,000 net acres prospective for the Upper Devonian Play.

NYSE: EQT

EQT Corporation

• EQT Corporation has 110,000 net acres in Southwestern PA, 80,000 net acres in Central PA and 170,000 net acres prospective for the Upper Devonian Play.

NYSE: EQT

CONSOL Energy

• CONSOL Energy has about 446,000 net acres in the Marcellus fairway.

NYSE: CNX

CONSOL Energy

• EQT Corporation has 110,000 net acres in Southwestern PA, 80,000 net acres in Central PA and 170,000 net acres prospective for the Upper Devonian Play.

NYSE: CNX

Investor takeaway:

The stacked natural of these formations is great news for Pennsylvania and the nation as it means there’s more economical gas underneath the state.

It’s also great news for investors in Range Resources, EQT and CONSOL Energy as each company has more profit potential by developing the shale layers above and below the Marcellus Shale.

OPEC’s Worst

Nightmare