“This accomplishment epitomizes our team’s commitment to push the technological limits of our industry to drive value for stakeholders,” said Olympus President and CEO Tim Dugan. “We’re aiming to set a new standard for development – one that is not only capital savvy, but also has a community-minded approach to the growth of our business.”
“The Midas 6M execution stems from years of planning and research by the entire Olympus team,” said COO and Senior Vice President Mike Wahl. “Our development strategy prioritizes maximizing lateral length, which in turn minimizes surface disturbance and is a key part of our pledge to social responsibility.”
“Olympus set out from the start to create a different kind of E&P company,” said Wahl, who joined the company in 2016 and helped lead the development of its first wells just one year later. “The safe and responsible growth of our business directly translates into the growth of our economy and affordable domestic energy. We’re proud to do our part and continue building on that legacy.”
About Olympus Energy
Olympus Energy LLC (“Olympus”) is a privately-held energy company headquartered in Canonsburg that specializes in upstream and midstream development of natural gas resources in the Appalachian Basin. Olympus has a scalable asset base in southwestern Pennsylvania, having assembled over 100,000 largely contiguous and operated acres within the core Marcellus, Utica,and Upper Devonian fairways . Visit www.olympusenergy.com for additional information.