The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001694054
   Corporation
X Limited Partnership
   Limited Liability Company
   General Partnership
   Business Trust
   Other (Specify)

Name of Issuer
MDS 2017-Marcellus Shale Development, LP
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2015
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
MDS 2017-Marcellus Shale Development, LP
Street Address 1 Street Address 2
409 BUTLER ROAD, SUITE A
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
KITTANNING PENNSYLVANIA 16201-4403 (724) 548-2501

3. Related Persons

Last Name First Name Middle Name
MDS Energy Development, LLC MDS Energy Development, LLC
Street Address 1 Street Address 2
409 Butler Road, Suite A
City State/Province/Country ZIP/PostalCode
Kittanning PENNSYLVANIA 16201-4403
Relationship: X Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Managing General Partner
Last Name First Name Middle Name
Snyder Michael D.
Street Address 1 Street Address 2
409 Butler Road, Suite A
City State/Province/Country ZIP/PostalCode
Kittanning PENNSYLVANIA 16201-4403
Relationship: X Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

President, Chief Executive Officer of the Managing General Partner
Last Name First Name Middle Name
Morris Randall L.
Street Address 1 Street Address 2
409 Butler Road, Suite A
City State/Province/Country ZIP/PostalCode
Kittanning PENNSYLVANIA 16201-4403
Relationship: X Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Chief Operating Officer for the Managing General Partner
Last Name First Name Middle Name
Knapp Michael S.
Street Address 1 Street Address 2
409 Butler Road, Suite A
City State/Province/Country ZIP/PostalCode
Kittanning PENNSYLVANIA 16201-4403
Relationship: X Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Chief Marketing Officer for the Managing General Partner
Last Name First Name Middle Name
Zellman Adam W.
Street Address 1 Street Address 2
409 Butler Road, Suite A
City State/Province/Country ZIP/PostalCode
Kittanning PENNSYLVANIA 16201-4403
Relationship: X Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Vice President of Natural Gas Operations for the Managing General Partner
Last Name First Name Middle Name
Knapp Jason C.
Street Address 1 Street Address 2
409 Butler Road, Suite A
City State/Province/Country ZIP/PostalCode
Kittanning PENNSYLVANIA 16201-4403
Relationship: X Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Vice President of Finance and Secretary for the Managing General Partner

4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
X Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
   Other Real Estate
  
Retailing
  
Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
X Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
X Investment Company Act Section 3(c)
   Section 3(c)(1) X Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2017-07-25    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $20,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Hunter Scott Luke 1348707
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Advisory Group Equity Securities Ltd. 15427
Street Address 1 Street Address 2
453 Washington Street Suite One
City State/Province/Country ZIP/Postal Code
Duxbury MASSACHUSETTS 02332-4560
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MASSACHUSETTS

Recipient
Recipient CRD Number    None
Arete Wealth Management, LLC 44856
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1101 W LAKE STREET 1ST FLOOR
City State/Province/Country ZIP/Postal Code
CHICAGO ILLINOIS 60607
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA
GEORGIA
MICHIGAN
NEW JERSEY
NEW YORK
PENNSYLVANIA
SOUTH DAKOTA
TENNESSEE

Recipient
Recipient CRD Number    None
Ausdale Financial Partners, Inc. 7995
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
5187 UTICA RIDGE RD
City State/Province/Country ZIP/Postal Code
DAVENPORT IOWA 52807
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
COLORADO
FLORIDA
ILLINOIS
MINNESOTA
MISSOURI
MONTANA
TEXAS
WASHINGTON
WISCONSIN

Recipient
Recipient CRD Number    None
Berthal, Fisher & Company Financial Services, Inc. 13609
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
4201 42ND STREET NE SUITE 100
City State/Province/Country ZIP/Postal Code
CEDAR RAPIDS IOWA 52402
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
CALIFORNIA
COLORADO
IOWA
MISSOURI

Recipient
Recipient CRD Number    None
Cabot Lodge Securities LLC 159712
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
200 Vesey Street 24th Floor
City State/Province/Country ZIP/Postal Code
NEW YORK NEW YORK 10281
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
COLORADO
MINNESOTA
NEVADA
WISCONSIN

Recipient
Recipient CRD Number    None
W. Warren Gerety 2662678
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Advisory Group Equity Services Ltd. 15427
Street Address 1 Street Address 2
38 Hall Road
City State/Province/Country ZIP/Postal Code
Fremont NEW HAMPSHIRE 03044
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW HAMPSHIRE

Recipient
Recipient CRD Number    None
Brian William Distler 4823861
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Advisor Networks LLC 13572
Street Address 1 Street Address 2
121 South Street
City State/Province/Country ZIP/Postal Code
Chardon OHIO 44024
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Eric James Kuitu 2705273
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Advisor Networks LLC 13572
Street Address 1 Street Address 2
4649 White Bear Parkway
City State/Province/Country ZIP/Postal Code
White Bear Lake MINNESOTA 55110
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MINNESOTA

Recipient
Recipient CRD Number    None
Center Street Securites, Inc. 26898
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2740 OLD ELM HILL PIKE SUITE 201
City State/Province/Country ZIP/Postal Code
NASHVILLE TENNESSEE 37214
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
CALIFORNIA
ILLINOIS
KENTUCKY
MONTANA
NEW JERSEY
NORTH DAKOTA
OHIO
SOUTH DAKOTA

Recipient
Recipient CRD Number    None
James Henry Kuitu 1093858
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Advisor Networks LLC 13572
Street Address 1 Street Address 2
4649 White Bear Parkway
City State/Province/Country ZIP/Postal Code
White Bear Lake MINNESOTA 55110
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MINNESOTA

Recipient
Recipient CRD Number    None
James Jeffrey Driscoll 1018174
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Advisor Networks LLC 13572
Street Address 1 Street Address 2
9320 Granite Court
City State/Province/Country ZIP/Postal Code
Naples FLORIDA 34120
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Michele Ann Pasquale 3214037
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Chapin, Davis 28116
Street Address 1 Street Address 2
1411 Clarkview Road
City State/Province/Country ZIP/Postal Code
Baltimore MARYLAND 21209
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
.James Franklin Shenk 2876098
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Coastal Equities, Inc. 23769
Street Address 1 Street Address 2
2610 Rexwood Drive
City State/Province/Country ZIP/Postal Code
Glen Rock PENNSYLVANIA 17327
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MARYLAND

Recipient
Recipient CRD Number    None
Kevin Todd Canterbury 4939385
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Coastal Equities, Inc. 23769
Street Address 1 Street Address 2
7231 E. Princess Blvd. Suite 201
City State/Province/Country ZIP/Postal Code
Scottsdale ARIZONA 85255
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA

Recipient
Recipient CRD Number    None
Newbridge Securities Corporation 104065
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
5200 TOWN CENTER CIRCLE TOWER 1, SUITE 306
City State/Province/Country ZIP/Postal Code
BOCA RATON FLORIDA 33486
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA
GEORGIA
MASSACHUSETTS
MICHIGAN
NEW JERSEY
NEW YORK

Recipient
Recipient CRD Number    None
Michael Gregory Culwell 5989109
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Emerson Equity LLC 130032
Street Address 1 Street Address 2
9940 Research Drive
City State/Province/Country ZIP/Postal Code
Irvine CALIFORNIA 92618
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
WASHINGTON

Recipient
Recipient CRD Number    None
Dustin S. Tenbroeck 5019784
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
First Allied Securities, Inc. 32444
Street Address 1 Street Address 2
12626 High Bluff Drive Suite 440
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92130
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
John Joseph Parrillo Jr. 2107909
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
First Allied Securities, Inc. 32444
Street Address 1 Street Address 2
11545 West Bernardo Court Suite 203
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92127
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW JERSEY

Recipient
Recipient CRD Number    None
Triad Advisors, LLC 25803
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
5155 PEACHTREE PARKWAY SUITE 3220
City State/Province/Country ZIP/Postal Code
NORCROSS GEORGIA 30092
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
INDIANA
MARYLAND
MICHIGAN
MINNESOTA
NEW YORK
NORTH CAROLINA
OHIO
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
TENNESSEE
TEXAS
WASHINGTON
WISCONSIN

Recipient
Recipient CRD Number    None
Voya Financial Advisors, Inc. 2882
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
699 Walnut Street Suite 1000
City State/Province/Country ZIP/Postal Code
DES MOINES IOWA 50309
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ALABAMA
ALASKA
ARKANSAS
CALIFORNIA
FLORIDA
GEORGIA
ILLINOIS
IOWA
KANSAS
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSOURI
NEW YORK
NORTH CAROLINA
OHIO
PENNSYLVANIA
SOUTH CAROLINA
TENNESSEE
TEXAS
WASHINGTON
WISCONSIN

Recipient
Recipient CRD Number    None
Steven Powell Sappington 2335721
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
G.A. Repple & Company 17486
Street Address 1 Street Address 2
2341 Mt. Carmel Drive
City State/Province/Country ZIP/Postal Code
Waco TEXAS 76710
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
TEXAS

Recipient
Recipient CRD Number    None
Edwin Ambrose Day 2469775
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Heritage Benefit Financial Services, Inc. 45797
Street Address 1 Street Address 2
2950 Northup Way Suite 105
City State/Province/Country ZIP/Postal Code
Bellevue WASHINGTON 98004
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
COLORADO
WASHINGTON

Recipient
Recipient CRD Number    None
Thomas Joseph Kieffer 1531908
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
IBN Financial Services, Inc. 42360
Street Address 1 Street Address 2
8035 Oswego Road
City State/Province/Country ZIP/Postal Code
Liverpool NEW YORK 13090
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Angelo Julius Piccone 1401761
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
IBN Financial Services, Inc. 42360
Street Address 1 Street Address 2
37 Parkview Drive
City State/Province/Country ZIP/Postal Code
Pittsford NEW YORK 14534
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW YORK

13. Offering and Sales Amounts

Total Offering Amount $100,000,000 USD
or    Indefinite
Total Amount Sold $31,478,200 USD
Total Remaining to be Sold $68,521,800 USD
or    Indefinite

Clarification of Response (if Necessary):

The offering described herein is terminated.

14. Investors

  
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
361

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $2,274,324 USD
   Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

Of the Sales Commissions listed above, $300,662 of such amount are designated as marketing fees.

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$29,203,876 USD
   Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
MDS 2017-Marcellus Shale Development, LP Michael D. Snyder Michael D. Snyder President, Chief Executive Officer 2018-07-06

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.