YOUNGSTOWN — Houston-based Halcon Resources Corp. has announced that it will begin work on between 20 and 25 production wells across its 131,000 acres of leasehold in the Utica Shale play, which includes Trumbull and Mercer counties.
After its fourth-quarter earnings report this week, the company gave an operational update on its work nationwide. It said it plans to spend $200 million in Ohio and Pennsylvania this year.
Already, two wells, including one in Venango County, Pa., and Mercer County have been drilled and completed. Those wells will now rest for 60 days, according to a press release from Halcon, with production tests expected to begin at those sites sometime between April and June.
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