Wall Street Access Hosts May 21 Conference Call on Marcellus Gas Shale Featuring Dr. Terry Engelder

Focus on Commercialization of Potentially the Largest Gas Play in U.S.

NEW YORK, May 19 /PRNewswire/ — Wall Street Access, a leading research and brokerage firm, today announced that on May 21 it will host a conference call for investors featuring Dr. Terry Engelder, Professor of Geosciences at Penn State University and an expert on the Marcellus shale. The Marcellus is a vast reservoir prevalent throughout much of the Northeast’s Appalachian basin.

Dr. Engelder, dubbed the “intellectual godfather” of the Marcellus gas shale, will discuss its potential for further commercialization. According to Engelder, the Marcellus shale could yield commercial gas in excess of 50 trillion cf and could be worth $1 trillion.

On the call, Dr. Engelder will share his insights and latest thinking on subjects including:

• Commercial breakthrough of the Marcellus shale and its significance in the context of national and global gas supplies;
• Considerations for investing in the Marcellus gas shale and remaining challenges in the play;
• Differences between Southwest and Northeast Pennsylvania affecting commercial development, including shale thicknesses, organic content, permeability, IP rates, water rights;
• Firms in the Marcellus include Atlas (ATN), Cabot (COG), Chesapeake (CHK), Consol (CXG), EOG (EOG), Equitable (EQT), Range (RRC), Southwestern (SWN), Talisman (TLM), Ultra (UPL), Williams (WMB), and others.*

The call, co-hosted by independent energy analyst Bernie Picchi and former U.S. Ambassador John Blaney, will begin with a 20-minute presentation from Engelder and then open up to anonymous questions from the audience. Registered participants will receive handouts prior to the call and an executive summary the following day.

“The importance of the Marcellus gas shale to the U.S. and international markets will become even more apparent as market demands increase over the next few years,” said Picchi. “Dr. Engelder’s insights will be advantageous to all investors evaluating the financial opportunities around this developing resource.”

The call begins at 11 a.m. EDT on Thursday, May 21, and is open to institutional investors only. Attendance is limited. For access and to receive briefing materials that will be discussed on the call contact Rachel Jablow at 212-232-5634 or rachel.jablow@wsaccess.com.

*Wall Street Access does not have research coverage of any of the companies named in this release.

Please direct all media inquiries to Katrin Lieberwirth at 646-502-3548 or klieberwirth@StantonPRM.com.

About John Blaney

Ambassador Blaney recently retired from the US Foreign Service following an illustrious 30-year career. In his last posting as US Ambassador to Liberia, he played a critical role in ending that country’s 15-year civil war. He has held key postings in South Africa, Russia (USSR), and the United Nations, to name a few. Ambassador Blaney currently consults on conflict resolution.

About Bernie Picchi

A 25-year veteran of Wall Street, Mr. Picchi’s energy research has been recognized as best in class over many years by Institutional Investor magazine and The Wall Street Journal. Picchi is the founder and managing partner of consulting company, Willow Rock Associates, LLC.

About Terry Engelder

Dr. Engelder holds degrees from Penn State (B.S.), Yale University (M.S.) and Texas A&M (Ph.D.). He has worked on E&P issues with companies including Saudi Aramco, Royal Dutch Shell, Total, Agip, and Petrobas and is an expert on the subject of the Marcellus gas shale.

About Wall Street Access

Wall Street Access combines an independent, entrepreneurial culture with a powerful platform to build and operate a diverse set of successful financial services businesses, currently including institutional brokerage, fixed income, and securities research; as well as wealth management under the Kelleher Family Wealth Management brand, an affiliate of Wall Street Access. Wall Street Access has the expertise and flexibility to quickly seize emerging opportunities, and has successfully evolved through up and down market cycles while always remaining a trusted and reliable partner for its clients since 1981. Wall Street Access is a member of the NYSE, FINRA, ISE and SIPC. To learn more, please visit www.wsaccess.com.

    CONTACT:
    Katrin Lieberwirth
    Stanton Crenshaw Communications
    Tel: 646-502-3548
    E-mail: klieberwirth@StantonPRM.com

SOURCE Wall Street Access