© 2024 Peoria Public Radio
A joint service of Bradley University and Illinois State University
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Illinois fracking registration off to slow start

WCBU | By Associated Press
Published January 13, 2015 at 6:51 AM CST

Two months since Illinois enacted rules for high-volume oil and gas drilling, no company has applied for a state permit to put hydraulic fracturing to use.
Denver-based Strata-X Energy registered Nov. 14 with the Illinois Department of Natural Resources. But the company hasn't formally applied to begin so-called fracking.
The Illinois Oil and Gas Association's Brad Richards believes the slow response may be because of the state's delay in adopting regulatory rules, as well as low oil prices that may have discouraged energy companies.
Strata-X's chief financial officer, David Hettich, says the company holds oil and gas exploration rights to 67,000 southern Illinois acres. But he says the company still is working through how to best manage the complicated fracking rules.
 
Tags
State News hydraulic fracturingFrackingStrata-X EnergyIllinois Department of Natural ResourcesIllinois Oil and Gas Associationregulatory rules
Associated Press
The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
See stories by Associated Press