Ridgetop Capital to invest in Marcellus, Utica Shale

Ridgetop Capital to invest in Marcellus, Utica Shale

Wednesday, September 20, 2017 by Sara Welch

Focused on the oil and natural gas sector in the Appalachian Basin, Ridgetop Capital Partners has closed on another round of fundraising and is eying mineral rights in the Marcellus and Utica Shale plays, according to Marcellus Drilling News.

The company raised $200 million to invest in natural gas leases in the Marcellus and Utica Shale plays. It previously invested $130 million in the region’s shale, claiming ownership in over 30,000 acres.

Ridgetop Capital Partners is a private institutional investment firm headquartered in Pittsburgh.

Learn more: Marcellus Drilling News > Ridgetop Capital raises $200M to invest in Marcellus/Utica leases

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Shale FAQ

What are mineral rights?

Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.

Will I get free natural gas if I allow fracking on my property?

Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.

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