After

Continental Resources Inc., now the king of the Bakken Shale, has expanded its empire to an estimated 1.1 million net acres after completing a deal to buy 119,218 million acres for $649.3 million in cash. The Samson Resources Co. properties in North Dakota, primarily in Williams and Divide counties, have current production estimated at about 6,500 boe/d, 82% weighted to crude oil.

Four days after Gulfport Energy Corp. said it would buy 30,000 net acres in the Utica Shale in eastern Ohio, the company announced Thursday that the agreement has been amended to include an additional 7,000 net acres for $70 million.

Two weeks after Michigan’s governor touted natural gas as a fuel for economic revival, hometown utility Consumers Energy said it is building a 700 MW gas-fired power plant in Genesee County, whose county seat is Flint, birthplace of General Motors. On the natural gas distribution side of its business, the company is laying pipe to serve new customers who’ve gotten word of cheap gas.

Two weeks after Michigan’s governor touted natural gas as a fuel for economic revival, hometown utility Consumers Energy said it is building a 700 MW gas-fired power plant in Genesee County, whose county seat is Flint, birthplace of General Motors. On the natural gas distribution side of its business, the company is laying pipe to serve new customers who’ve gotten word of cheap gas.

Norse Energy Corp. USA filed for Chapter 11 bankruptcy protection on Friday, just days after a New York judge ruled the cash-strapped company had to deposit millions into an escrow account for a legal dispute with a drilling company.

After a tepid company response saying it was “disappointed” in a U.S. Department of Energy (DOE)-sponsored study that supports export of liquefied natural gas (LNG), Dow Chemical Co. CEO Andrew Liveris unloaded on the report and its findings in a statement of his own.

Norse Energy Corp. USA filed for Chapter 11 bankruptcy protection on Friday, just days after a New York judge ruled that the cash-strapped company had to deposit millions into an escrow account for a legal dispute with a drilling company.

The U.S subsidiary of Norwegian producer Norse Energy Corp. ASA filed for Chapter 11 bankruptcy protection on Friday, just days after a New York judge ruled the cash-strapped company had to deposit millions into an escrow account for a legal dispute with a drilling company.

After a five-year slide that lopped 75% off prices received by Alberta producers, Canadians are braced to bump into a floor under the buyers’ market for natural gas.