Forest Oil Corp. has agreed to sell all of its South Texas properties — excluding those in the Eagle Ford Shale — for proceeds of $325 million after tax as part of its ongoing deleveraging plan, the company said Thursday.
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Alberta Revises Royalty Regime, Cites ‘Unintended Consequences’
With other Canadian provinces touting large natural gas discoveries, Alberta has backtracked on its royalty regime changes and now will offer substantial breaks for deep oil and gas drilling.
April 14, 2008
Alberta Revises Royalty Regime, Cites ‘Unintended Consequences’
With other Canadian provinces touting large natural gas discoveries, Alberta has backtracked on its royalty regime changes and now will offer substantial breaks for deep oil and gas drilling.
April 14, 2008
March Futures’ Rodeo Ride Ends with Small 7.3-Cent Decline
Near-month natural gas futures backtracked 7.3 cents Wednesday to $7.667, but the wimpy finish revealed little about the rodeo ride that took place during the trading day. The contract bounced all over the charts, dipping to a low of $7.50 after the opening bell, suddenly jumping up to a high of $7.960 about two hours later and then collapsing back below $7.60.
February 1, 2007
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