ECA Marcellus Trust I Launches Initial Public Offering

ECA Marcellus Trust I Launches Initial Public Offering

AUSTIN, TX – June 24, 2010 – ECA Marcellus Trust I today announced that it has commenced an initial public offering of 8,802,500 of its common units representing beneficial interests pursuant to a registration statement on Form S-1 previously filed with the Securities and Exchange Commission (“SEC”).  The common units have been approved for listing on the New York Stock Exchange under the symbol “ECT,” subject to official notice of issuance.

Upon completion of the offering, the public will own common units representing 50.0% of the outstanding equity of ECT, or 57.5% if the underwriters exercise their over-allotment option in full.  Energy Corporation of America (“ECA”) and certain private investors affiliated with ECA will own the remaining equity interests in ECT.

Raymond James & Associates, Inc. and Citi will serve as lead book-running managers of this offering.  Oppenheimer & Co. Inc., RBC Capital Markets Corporation and Robert W. Baird & Co. Incorporated will serve as co-managers.  This offering of common units will be made only be means of a prospectus.  When available, a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 may be obtained from:

The registration statement relating to these securities has been filed with the SEC but has not yet become effective.  The registration statement is available on the SEC’s web site at http://www.sec.gov under the registrant’s name, “ECA Marcellus Trust I”.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities law in any such state or jurisdiction.

About ECA Marcellus Trust I:
ECT is a Delaware statutory trust formed by ECA to own term and perpetual royalty interests in natural gas wells owned by ECA in the Marcellus Shale formation in Greene County, Pennsylvania.

About Energy Corporation of America:
ECA is a privately held energy company engaged in the exploration, development, production, gathering, aggregation and sale of natural gas and oil, primarily in the Appalachian Basin, Gulf Coast and Rocky Mountain regions of the United States and in New Zealand.  ECA owns and operates approximately 5,100 wells, 5,000 miles of pipeline, and 1,000,000 acres in North America alone.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding a potential initial public offering by ECT. No assurance can be given that the initial public offering discussed herein will be completed within a particular time frame if at all. Neither ECA nor ECT undertakes any obligation to publicly update or revise any forward-looking statements.

Contact:
The Bank of New York Mellon Trust Company, N.A., as Trustee of ECT
Michael J. Ulrich, Vice President
(512) 236-6599