Pa. investment group raising $25M to drill oil and gas wells in Ohio
Tuesday, September 27, 2016
Bryan Investment Group is attempting to raise the largest fun in its 45-year existence to pay for drilling oil and natural gas wells in Northeast Ohio, according to the Pittsburgh business Times.
The firm’s targeted amount sits at $25 million.
The money will be used to develop wells in the Clinton Medina Formation, which stretches across Stark, Summit, Portage and Geauga Counties.
Since 1971, Bryan Investment Group has managed more than 600 gas and oil wells in Pennsylvania, Ohio, Kentucky and Wyoming.
Learn more: Pittsburgh Business Times > Bryan raising $25m drilling fund
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