The geologic trend targeted in the Niobrara shale is the same as the Eagle Ford shale, a thousand miles south.
FORBES: Shell Brushes Off Alaska Setback With $5B Marcellus Buy
2.
East Resources (which had been backed by Kohlberg Kravis Roberts) also has 100, 000 acres in the Niobrara play in the Rockies.
FORBES: Shell Brushes Off Alaska Setback With $5B Marcellus Buy
3.
New reserves and new fortunes are being made in the Eagle Ford Shale of Texas, the Niobrara in Colorado, the Marcellus in Pennsylvania and the Woodford.