HOUSTON–(BUSINESS WIRE)–Object Reservoir Inc. announced today that additional operators have recently joined the company’s Collaborative Exploitation Project (CEP) for the Marcellus Shale in Northeast Pennsylvania.

The Marcellus Shale CEP was announced on July 27th, 2010. Early participants were EXCO Resources (PA), LLC (JV between EXCO Resources, Inc. and BG Group); Royal Dutch Shell (former East Resources); Ultra Resources; and one other major Marcellus operator. New participants joining the project include Chesapeake Energy (with JV partner Statoil); Southwestern Energy; Seneca Resources; and Talisman Energy USA; for a current total of ten companies currently engaged in the collaborative process.

Object Reservoir, Inc., is pleased to welcome industry veteran Daniel Piette to its Board of Directors. During Mr. Piette’s 30 year professional career he has held executive management roles in six start-up companies providing new technology to the Energy Industry. Over the last seven years he led OpenSpirit Corporation to significant growth leading up to its recent acquisition by TIBCO Software Inc. (NASDAQ: TIBX). Dan is currently Vice President of TIBCO OpenSpirit. Open Spirit, a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments, focuses on providing integration solutions for upstream applications and data to E&P companies.

HOUSTON–(BUSINESS WIRE)–Object Reservoir Inc. announced today the commencement of a Collaborative Exploitation Project (“CEP”) for the Northeast Pennsylvania Marcellus shale. Current participants are East Resources, EOG Resources, EXCO Resources (with JV partner BG Group), and Ultra Resources. The project will remain open to subscription for other NE Pennsylvania Marcellus operators for a limited time.