October natural gas is expected to open 5 cents lower Monday morning at $3.63 as traders assess a soft fundamental outlook and tropical threats diminish. Overnight oil markets plunged.
Articles from buyer
Risk-taker and rule-breaker Aubrey McClendon, who co-founded Chesapeake Energy Corp. and then retired on April 1, appears to be making a comeback in the U.S. exploration and production (E&P) arena, with one of his start-ups apparently buying one or two leaseholds in the Utica Shale, sources toldNGI.
Constellation Energy Partners LLC (CEP) said Monday it’s looking for a buyer for its natural gas-heavy Black Warrior Basin properties in Tuscaloosa County, AL.
Marcellus Shale production is strong and activity is high, but because it’s a “tough environment to construct in,” Williams plans to reduce its capital spending in the play through the rest of this year, an executive said Tuesday.
South Korea’s state-run Korea Gas Corp. (KOGAS), the world’s largest liquefied natural gas (LNG) buyer, is joining the Cordova Embayment natural gas project in British Columbia.
Legend Natural Gas IV LP stepped forward Thursday as the buyer of Range Resources Corp. Barnett Shale assets. Legend said it had struck two deals totaling $1 billion, one of them with Range in the Barnett of North Texas.