Nabors Industries Ltd. shareholders apparently scored an industry first on Tuesday, approving a nonbinding resolution giving them power to oust members of the drilling contractor’s board of directors. The proxy access resolution is said to be the first successfully passed by shareholders of a major company.
Tag / Apparently
SubscribeApparently
Articles from Apparently
Booming Bakken Creates Hiring, Housing Surge
Naggingly low natural gas prices apparently haven’t dimmed prospects in the Bakken Shale in North Dakota and Montana, where the booming play is driving a surge in hiring, housing starts, infrastructure projects and more.
Booming Bakken Creating Hiring, Housing Surge
Naggingly low natural gas prices apparently haven’t dimmed prospects in the Bakken Shale in North Dakota and Montana, where the booming play is driving a surge in hiring, housing starts, infrastructure projects and more.
Alaska LNG Export Project Said Close
ExxonMobil Corp., ConocoPhillips and BP plc apparently are close to finalizing a deal with Alaskan officials to build a liquefied natural gas (LNG) export terminal to transport natural gas to overseas markets.
Alaska LNG Export Project Said Close
ExxonMobil Corp., ConocoPhillips and BP plc apparently are close to a finalizing a deal with Alaskan officials build a liquefied natural gas export terminal to transport the state’s abundant natural gas to overseas markets.
Investors Rally for Bargain Buy in the Barnett
Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.
Dry Gas Bargain in the Barnett Gets Investor Attention
Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.
Pennsylvania Nearing Finish Line for Impact Fee
Pennsylvania state lawmakers have apparently reached a deal for the impact fee they hope to impose on natural gas drilling by splitting the difference between two competing proposals.
Pennsylvania Close to Agreement on Gas Impact Fee
Pennsylvania lawmakers have apparently reached a deal on an impact fee to impose on unconventional natural gas wells that would split the revenue 60% to local governments and 40% to the state, and toughen drilling restrictions, but leave control of those rules primarily in state hands.
Foreign Investors Eyeing Stake in Frac Tech, Sources Say
Texas-based Frac Tech Services LLC, a hydraulic fracturing (fracking) specialist, apparently is in talks to sell a stake in the company to one of three foreign oil giants for $2 billion-plus and also is close to completing joint ventures (JV) to work overseas on unconventional oil and gas prospects, sources told NGI’s Shale Daily on Thursday.