ODNR permits new drilling location

February 9, 2012 at 12:00a.m.

WASHINGTON TWP.

The Ohio Department of Natural Resources granted a second horizontal permit for a drilling site in Columbiana County’s Washington Township.

The site is just off Hazel Run Road near Steubenville Pike Road.

Chesapeake Exploration, a subsidiary of Chesapeake Energy Corp., received the permit.

There are 11 permitted horizontal wells in Columbiana County: three in West Township, two each in Middletown, Washington and Hanover townships and one each in Knox and Franklin townships.

There are eight permitted horizontal wells in Mahoning County: six in Goshen Township and one each in Milton and Ellsworth townships.

Three wells, one in Knox Township another in West Township, have been drilled. Drilling at a well in Milton Township is complete.

Programs link up to help manufacturers

CHAMPION

The Kent State University at Trumbull and the Trumbull County Joint Vocational School have joined to help meet the needs of area manufacturers.

The two say they will combine more than $3.6 million worth of equipment available on the career center campus and university campus.

Students can then attend classes on each campus depending on employer needs.

There are more than 60 courses that are part of the collaborative program that addresses everything from industrial mechanics and welding to engineering.

Delphi retirees will meet with Williams

WARREN

Representatives of the Delphi Salaried Retirees will meet Friday morning with Jay Williams, executive director of the Federal Office of Recovery for Auto Communities and Workers, at U.S. Rep. Tim Ryan’s Warren office.

The retirees say they hope Williams can “help us move our issues to a successful conclusion and the thousands of jobs that have been lost to our economy.”

The retirees say reinstating earned benefits would give an immediate boost to the economy.

There are about 1,500 Delphi salaried retirees in the Mahoning Valley.

Corbett expected to sign drilling bill

HARRISBURG, PA.

Gov. Tom Corbett is expected to sign a sweeping bill that could force Pennsylvania’s booming natural- gas industry to help pay for a wide range of state and local government programs, toughen safety standards and limit the ability of local officials to keep drilling out of their towns.

The 174-page bill was negotiated among Republicans and unveiled Monday. It passed the House on Wednesday, 101-90, and the Senate on Tuesday, 31-19, largely along partisan lines. Seven Democrats voted for it; 13 Republicans opposed.

Corbett, a Republican, did not say when he will sign the bill, but as soon as he does, about 35 counties will have 60 days to decide whether to impose a 15-year fee on their local wells.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 22.51 .05

Avalon Holdings,3.89—01

Clear Channel, .77 67.90 —.93

Cortland Bancorp, 7.15—.22

Farmers Nat., .125.50 .12

First Energy, 2.20, 42.94—.30

FirstMerit Corp., .64,16.55 .05

First Niles Financial, .32,7.30.00

First Place Fin., .60.01

FNB Corp., .48,12.16.04

General Motors,25.75—.47

General Electric, .68,19.24.06

Motors Liquidation, .04.00

Huntington Bank, .16, 6.05.12

JP Morgan Chase, 1.00,38.29.42

Key Corp, .12,8.16.09

LaFarge, 10.71 .08

Macy’s, .80, 35.86—.01

Parker Hannifin, 1.56, 88.16.80

PNC, 1.40,60.43—.27

RTI Intl. Metals,23.45—.68

Simon Prop. Grp.,3.60,137.64.16

Stoneridge 10.70 .06

United Community Fin. 1.31.00

Selected prices at 4 p.m. Tuesday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.