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SEC Inquiry Casts Shadow on Linn-Berry Deal

Shares of Linn Energy LLC and LinnCo LLC got a beat-down last week after the companies disclosed that the Securities and Exchange Commission (SEC) was looking into details of LinnCo’s planned merger with Berry Petroleum Co. as well as its hedging strategy and use of financial reporting metrics that aren’t required under SEC’s generally accepted accounting principles (GAAP).

July 8, 2013

W&T Reports Strong 1Q, Plans GOM Sale

W&T Offshore Inc. last week reported first quarter adjusted earnings per share that beat expectations and CEO Tracy W. Krohn said the company is marketing a “sizeable” package of Gulf of Mexico (GOM) Outer Continental Shelf properties.

May 13, 2013
Range’s 2013 Capex Targets Marcellus, Mississippian Lime

Range’s 2013 Capex Targets Marcellus, Mississippian Lime

Range Resources Corp. expects to spend about 85% of its $1.3 billion 2013 capital expenditures (capex) budget on liquids-rich and oil projects, predominately in wet areas of the Marcellus Shale and through horizontal drilling in the Mississippian Lime, the Fort Worth, TX-based company said Wednesday.

December 13, 2012

Carrizo Hits Record Production, Nears Niobrara JV

Carrizo Oil & Gas Inc. beat its guidance and achieved record production and revenue during the second quarter of 2012, thanks in large part to new liquids production in the Eagle Ford Shale and a flatter-than-expected decline in natural gas production from new wells in the Marcellus Shale.

August 13, 2012

Carrizo Hits Record Production and Revenue in 2Q, Nears Niobrara JV

Carrizo Oil & Gas Inc. beat its guidance and achieved record production and revenue during the second quarter of 2012, thanks in large part to new oil production from longer laterals drilled in the Eagle Ford Shale and a flatter-than-expected decline in natural gas production with new wells brought online in the Marcellus Shale.

August 10, 2012

Poll: Consumers Back Gas Projects, Drilling

In a new national consumer poll, natural gas beat renewables and other forms of energy as to which projects should be considered for expansion, something an overwhelming majority of consumers also say would create badly needed jobs in a struggling economy.

October 17, 2011

Natural Gas Expansion, Drilling Top Consumer Poll

In a new national consumer poll, natural gas beat renewables and other forms of energy as to which projects should be considered for expansion, something an overwhelming majority of consumers also say would create badly needed jobs in a struggling economy.

October 14, 2011

Poll: Consumers Back Natural Gas Expansion, Drilling

In a new national consumer poll, natural gas beat renewables and other forms of energy as to which projects should be considered for expansion, something an overwhelming majority of consumers also say would create badly needed jobs in a struggling economy.

October 14, 2011

Pundit: More Energy Density, Less Political Denseness

The beat-down that U.S. natural gas prices have gotten from shale production is “perhaps the best possible news for the U.S. economy,” energy author and lecturer Robert Bryce told a Houston audience recently. The Manhattan Institute fellow predicted that over the next century, natural gas will continue to take more of the energy stage from coal and oil.

June 27, 2011

Pundit: More Energy Density, Less Political Denseness

The beat-down that U.S. natural gas prices have gotten from shale production is “perhaps the best possible news for the U.S. economy,” energy author and lecturer Robert Bryce told a Houston audience last week. The Manhattan Institute fellow predicted that over the next century, natural gas will continue to take more of the energy stage from coal and oil.

June 21, 2011
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