Houston Firm Increasing Investment in Ohio's Utica Shale Play
Tags: Ohio
Early results from producers operating within eastern Ohio’s Utica shale play have spurred additional investment from other firms. Energy & Minerals Group, a Houston investment firm, recently increased its investment in a joint venture with MarkWest Energy Partners LP by an additional $450 million, bringing the total investment of both companies in MarkWest Utica EMG LLC to $950 million, with plans for pipelines and a processing plant in Harrison County.