Zone Oil & Gas, LLC Signs Joint Venture Agreement with Penn Virginia
August 19th, 2008Zone Oil & Gas, LLC (ZONE) announced that it has signed an Exploration and Geophysical Joint Venture Agreement with Penn Virginia Corporation.
The Joint Venture covers approximately 40,000 acres under lease in Tioga, Potter, Somerset, Westmoreland and Fayette Counties, Pennsylvania, and centers on exploring the Marcellus Shale, and the Oriskany and Tuscarora formations. Under the terms [...]