A northeast Pennsylvania activist opposed to drilling using hydraulic fracturing has been barred from all Cabot Oil & Gas Corp. sites in the state following a ruling by a Susquehanna County judge. The permanent injunction bars Vera Scroggins, 63, from entering Cabot property and/or coming within 100 feet of certain boundaries.
A sale by Bismarck, ND-based MDU Resources Group Inc. of Fidelity Exploration & Production Co. should not affect the parent company's credit ratings, according to Standard & Poor's Ratings Services (S&P). S&P affirmed MDU's “BBB+” rating with a stable outlook. Credit analyst Susan Ding said the eventual sale would not cause a change in ratings because of a high proportion of MDU’s earnings are unregulated, natural gas prices currently are low, and there is "the volatility of industry conditions” for Fidelity and its construction-related businesses. MDU's "satisfactory" rating on its business risk also remains unchanged.