Gas Driller Gives $2.5M To Lackawanna College

CBS Philly

SCRANTON, Pa. (AP) — A gas driller is giving $2.5 million to Lackawanna College in Scranton.

The gift by Cabot Oil & Gas will be used to fund the college’s School of Petroleum & Natural Gas in New Milford. Lackawanna College started the program in 2009 in response to the boom in Marcellus Shale natural gas drilling. Some 90 percent of the school’s graduates get jobs in the field.

Lackawanna will put $1 million into an endowment for student scholarships, and the rest will be used equipment, training, staff and faculty development and other needs.

It’s the largest private donation in the history of the two-year college.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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