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UMH Properties Inc. buys 4 manufactured home communities in region

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New Jersey-based real estate investment Trust UMH Properties, Inc. (NYSE: UMH) announced it has bought four manufactured home communities in the Pittsburgh area.

The company paid $12.2 million for the four communities in the region that include 336 developed homes on 239 acres but didn’t provide details on the specific properties it bought.

UMH said the average occupancy for the four communities is about 84 percent. The company owns a total of 86 communities.

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http://www.bizjournals.com/pittsburgh/news/2014/07/16/umh-properties-acquisition.html

 
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LEECHBURG AREA SCHOOL DISTRICT – Public Notice The …

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LEECHBURG AREA SCHOOL DISTRICT – Public Notice The Leechburg Area School District will receive sealed and separate bids from interested individuals, partnerships, entities or corporations for the purpose of entering into an oil and gas lease for certain properties owned by the School District and located within the Borough of West Leechburg. There is available from the School District a complete informational packet indicating the properties that are proposed for leasing purposes. A copy of the same may be obtained from the School District Business Office located at 210 Penn Ave., Leechburg, PA, Monday through Friday, between the hours of 8:00am And 3:00pm. The bidder shall provide to the School District a proposed oil and gas lease, which shall include the term, compensation including royalties to be paid, and delay rental to be paid to the School District for said gas lease. The successful bidder shall also include in its’ bid the proposed lease. Bids shall be received by the School District until Aug. 6, 2014 at 9:00am. Said bids will be opened at a bid opening meeting on the 6 day of August, at 9:30am. The School District reserves the right to accept or reject any and all bids. (5885309, 7/20, 7/27, 8/3/14)

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https://classifieds.triblive.com/listing/875079/leechburg_area_school_district_public_notice_the.html

 
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Wet gas means more profits for Ohio, says state

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Controversy continues over the rapid growth of high volume oil and gas operations made possible by horizontal hydraulic fracturing, or fracking.

But at its “State of the Play” event at Stark State College, officials with the Ohio Department of Natural Resources (ODNR) had only enthusiasm for the state’s growing shale gas industry.

The state’s natural gas production nearly doubled last year, mostly as a result of horizontal wells in the Utica Shale in eastern Ohio. Market shifts have made that formation’s “wet gas” particularly profitable.

Such wet gas has a relatively high proportion of other light hydrocarbons in addition to methane. Those other hydrocarbons can be separated out, processed and sold to make plastics and other petrochemical products.

“These are very valuable products,” said Rick Simmers, Chief of ODNR’s Division of Oil & Gas Resources. “And they make the Utica unique among shale plays in the entire nation and, for that matter, in the world.”

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http://www.midwestenergynews.com/2014/07/15/wet-gas-means-more-profits-for-ohio-says-state/

 
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More LNG export pipelines in the pipeline

Alaskan PipelineBy Michael Sanserino

As the Federal Energy Regulatory Commission decides whether to approve Dominion Resources’ plan to convert a liquefied natural gas import facility in Lusby, Md., to an export facility, other LNG export projects are already underway and still more are lining up for permission to start work.

FERC last month authorized the construction of an LNG export terminal in Hackberry, La., which is only the second such project to be approved by the commission in the lower 48 states. Cameron LNG, a subsidiary of San Diego-based Sempra Energy, will spend between $9 billion and $10 billion to convert its existing import terminal.

The Cameron project is expected to be fully operational by 2019. 

It and the Sabine Pass LNG plant are the only two export proposals to receive FERC authorization. Houston-based Cheniere Energy’s Sabine Pass project received approval in April 2012 to make the switch. The $12 billion project is under construction and the first phase could be completed by next year. 

Dominion’s Cove Point project could become the third export plan approved by FERC, and the closest to the Marcellus Shale region that covers much of Pennsylvania.

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http://powersource.post-gazette.com/powersource/companies-powersource/2014/07/15/Chinese-shale-holds-opportunities-for-U-S-shale-firms/stories/201407150007

 
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PTI launching new welding program to serve oil, gas industry

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As demand for experienced welders has increased, Pittsburgh Technical Institute will welcome its first class of welding students in a new 21-month associate of science degree program.

PTI said the program offers expanded welding training for the pipe and structural industries, as well as professional development courses.

“Our welding programs respond to industry needs,” Robert Rossell, academic chair of PTI’s School of Trades Technology, said in a statement .

Rossell said PTI’s Welding Technology certificate program, which was launched in 2012, has been in high demand because the need for skilled welders in western Pennsylvania has increased with the development of the Marcellus Shale. In addition to serving needs for the energy industry, Rossell said Pennsylvania’s aging infrastructure is also placing pressure on the supply of welders.

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http://www.bizjournals.com/pittsburgh/blog/energy/2014/07/pti-launching-new-welding-program-to-serve-oil-gas.html

 
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