Operating Regions - In its exploration and development of oil and gas plays in Oklahoma, Pennsylvania and Texas, Citrus Energy Corporation has achieved success through the expertise and experience of its owners.
Pennsylvania. Citrus Energy Corporation is actively developing acreage positions in the Marcellus Shale in Pennsylvania. Citrus Energy currently holds interest in 26,500 gross acres with the majority located in Wyoming County. Citrus Energy was the first company to initiate production in Wyoming County in June 2010. The acreage blocks are strategically located on or near pipeline infrastructure and have been high graded with seismic data. Based on current data, over 90% of acreage is geologically drillable. Additionally, Citrus Energy has secured water permits for drilling wells and completing wells. Citrus Energy recognizes the importance of reusing the resources utilized in operations. The company strives to recycle 100% of the water from operations while continuing to research new ways products can be recycled for use after leaving the site. The company plans to drill 20 wells in 2011-2012.