Business

Fort Worth’s Energy & Exploration Partners Seeks Chapter 11 Protection

Energy & Exploration Partners Inc. (ENXP), whose operations are centered in East Texas and Wyoming, late Monday filed for Chapter 11 bankruptcy protection to give it flexibility to continue operations. The petition listed debt of $1-10 billion and assets of $500 million to $1 billion.

December 8, 2015

Shell Creating Standalone Unconventional Resources Arm

Royal Dutch Shell plc announced a major revamp of its upstream business on Tuesday, which would separate operations into three businesses, including a new unconventional unit to oversee shale, tight natural gas/oil and oilsands exploration and development worldwide.

November 3, 2015

‘Strategic Alternatives’ Considered For Freeport-McMoRan E&P Business

Freeport-McMoRan Inc., which made a $9 billion bet only three years ago to pump up its natural gas and oil business, has split the board of directors to prepare for a public offering, spinoff or joint venture for the bleeding enterprise.

October 6, 2015
Kentucky NatGas Utility Latest Sale For Small Cap Looking to Grow

Kentucky NatGas Utility Latest Sale For Small Cap Looking to Grow

Cleveland-based Gas Natural Inc. said Tuesday that it would sell its Kentucky natural gas utility business for $1.9 million in cash to a small private company in the eastern part of the state.

August 13, 2015
Colorado County Gives Driller Break on Fees Due to Low Prices

Colorado County Gives Driller Break on Fees Due to Low Prices

Rio Blanco County, CO, elected officials recently passed a measure to temporarily suspend impact fees on oil/natural gas development to encourage business expansion.

May 19, 2015
Drillers Get Break on Fees in Western Colorado County

Drillers Get Break on Fees in Western Colorado County

Rio Blanco County, CO, elected officials recently passed a measure to temporarily suspend impact fees on oil/natural gas development to encourage business expansion.

May 19, 2015
Colorado County Gives Driller Break on Fees Due to Low Prices

Colorado County Gives Driller Break on Fees Due to Low Prices

Rio Blanco County, CO, elected officials recently passed a measure to temporarily suspend impact fees on oil/natural gas development to encourage business expansion.

May 19, 2015
Drillers Get Break on Fees in Western Colorado County

Drillers Get Break on Fees in Western Colorado County

Rio Blanco County, CO, elected officials recently passed a measure to temporarily suspend impact fees on oil/natural gas development to encourage business expansion.

May 19, 2015

Halliburton, Baker Merger On Track Following Shareholder OK

Nearly all shareholders voting Friday for the proposed combination of Halliburton Co. and Baker Hughes Inc. approved the mega-merger, which would bring together the No. 2 and No. 3 global oilfield service companies.

March 27, 2015

Florida Public Power Utility Getting Into Gas Marketing

Faced with declining electric unit sales due to efficiency gains, modest economic growth and customer migration from electric to natural gas appliances, Jacksonville, FL, public power utility JEA is getting into the gas business as a supplier to commercial and industrial consumers.

March 20, 2015