Texas Company Invests in W.Va. Energy: ; Caiman Energy Sees 'Huge' Potential in Natural Gas Reserves

Summary

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MOUNDSVILLE - Riding along U.S. 250 in Marshall County between Moundsville and Cameron, one should notice a large natural gas liquids processing plant and pipeline under construction.

With $150 million already spent and $200 million more on the way over the next 18 months, Dallas, Texas-based Caiman Energy is making major investments in Marshall and Wetzel counties. The Marcellus Shale formation underlying West Virginia and Pennsylvania, as well as portions of Ohio and New York, is the company's target.

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Extract

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Texas Company Invests in W.Va. Energy: ; Caiman Energy Sees 'Huge' Potential in Natural Gas Reserves

"The Shale area under Marshall and Wetzel counties contains one of the best rich gas resources in the entire Marcellus," said Jack Lafield,...

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