New York firm moves forward on hotels in Utica shale play

Drill Capital LLC has opened one hotel in the Utica shale play, is working on a second one and has plans for a third location, reports Columbus Business First. The newspaper said the New York-based investment firm recently opened an 80-room Microtel Inn and Suites in Carrollton. Drill Capital also broke ground on an 80-room Microtel in Caldwell last month and is in the early stages of developing a hotel at a site still to be determined in eastern Ohio. For more, read the full story.