Frequently Asked Questions
Frequently Asked Questions About Marcellus Shale
What is Marcellus Shale?
The Marcellus Shale is a rock formation that underlies much of Pennsylvania and portions of New York, Ohio and West Virginia. It is believed to hold trillions of cubic feet of natural gas. Recent advances in drilling technology have allowed companies to tap into this vast resource.
What is the Penn State Educational Consortium?
The Penn State Educational Consortium is a group comprised of the Cooperative Extension and select Pennsylvania businesses that seek to provide expertise on Marcellus topics and to facilitate discussions among community and business leaders.
What's Fulton Financial's role in the Penn State Educational Consortium?
As a member of the Consortium, we will:
- Address the financial considerations of individual land owners and businesses.
- Play a key role in developing educational programs related to Marcellus Shale.
Are educational seminars offered to learn more about Marcellus Shale?
Marcellus Shale natural gas drilling is generating many new economic opportunities for residents, businesses and communities. With these opportunities come many questions and concerns.
Informative seminars are offered through the Penn State Educational Consortium. For a list of upcoming webinars and events, please use the "Events and Webinars" link to the left.
Has Fulton Financial Corporation worked with landowners in the Marcellus Shale region?
Clermont Wealth Strategies, our wealth management division, has experience working directly with current landowners who are in the process of (or have already signed) lease agreements to allow drilling on their property. This can include:
- Helping to effectively negotiate gas lease agreements
- Offering investment management services
- Business and agricultural lending services