Chesapeake and partners to spend $900 on new Hanover plant

Residents of eastern Ohio’s Hanover Township awoke Wednesday to news of a huge business deal: natural gas giant Chesapeake Energy, partnered with M3 Midstream and EV Energy Partners, announced its intentions to spend nearly $900 million in the construction of a facility to collect and compress natural gas as well as a nearby storage complex.

When completed, the plant will process nearly 600 million cubic feet of gas per day, the rough equivalent of 100,000 barrels of oil.

A plant this size means the creation of hundreds of jobs and a boost to local economy.

Chesapeake announced later in March another $900 million partnership to build a pipeline in eastern Ohio’s Utica Shale.

WKBN.com

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Kris Rush

Kris hails from a small business family. Dad and Mom raised a big family on a small turkey ranch in Fresno, California where lots of love, hard work and long days were a way of life. This early passion for small business led to life of work in their behalf. Right out of...

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