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Tioga County, PA Utica Well Shows Strong Production

Business Wire reports that Seneca Resources Corporation (“Seneca”) announced the initial production results from its recently completed well producing from the Utica shale formation in Tioga County, Pennsylvania.  The well’s 24-hour peak production rate was 22.7 million cubic feet of natural gas per day.  According to Seneca’s President, Ronald J. Tanski, the well’s production reports, along with others in the area, lower the risk of the Utica potential in Seneca’s DCNR 007 tract where the well is located.  Tanski also estimated the resource potential for the DCNR 007 tract to be approximately 1 trillion cubic feet.  Seneca plans to drill another Utica exploration well in 2016.