Chesapeake Energy Corp. has carved out a 94,000-acre tract in Ohio’s Stark and Portage counties to sell, land that represents roughly one-tenth of its leasehold in the Utica/Point Pleasant Shale.
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Articles from Carved
Colorado Town’s Fracking Agreements May be ‘Model’
Agreements carved out by the small Front Range Colorado town of Erie have added to the state’s rules covering hydraulic fracturing (fracking) and could serve as a model for other local jurisdictions. The state, however, maintains the exclusive right of enforcement.
September 11, 2012
Traders Mull Sell Points, Rangebound Market; May Rises
Natural gas futures carved out a modest gain Wednesday as aggressive fund trading managed to prevail over short-term traders looking to sell the market lower. At the close May had gained 4.3 cents to $4.141 and June was up 3.8 cents to $4.206. May crude oil added 86 cents to $107.11/bbl.
April 14, 2011
Modest Storage Additions Buoyed Futures; June Up 5.5 Cents
June natural gas futures carved out a modest advance Thursday after the release of government inventory data showed increases less than what the market was expecting.
May 14, 2010
October Futures Sink to Test Long-Standing Support
October futures values plunged on Wednesday as the newly minted front-month contract continued to approach the lows for the down move carved out by the preceding month. The October contract ended up closing Wednesday’s regular session at $2.715, down 10.6 cents from Tuesday’s finish.
September 3, 2009
Backed By Record Crude, NatGas Futures Settle Above $11.50
Spurred along by record-breaking crude futures once again, the June natural gas futures contract on Friday carved out a new high for the move before closing at $11.537, up an astounding 27.4 cents from Thursday’s finish and 76 cents higher than the previous week’s close.
May 12, 2008
Futures Drop as Storage Fills; Traders Await Fresh Inventory Data
Just when it looked like futures had carved out its seasonal bottom and set their sights on higher prices, the June contract on Wednesday — two days short of expiration — broke back below $6 in convincing fashion. While the prompt month didn’t carve out a new low for the move, it recorded a $5.940 low for the day before inching higher to settle at $5.964, down 29.4 cents from Wednesday.
May 25, 2006
April Futures Remain Strong Ahead of Storage Report
After breaking through the $6.84 top of its range in Tuesday trading, April natural gas futures on Wednesday showed no signs of retreat. The prompt month carved out a high of $6.973 in the overnight Nymex Access session and started Wednesday’s regular session trading at $6.95.
March 10, 2005
Price Increases Can’t Stem Bearish Outlook
For the most part yesterday cash prices carved out increases asTropical Storm Harvey lent some support to the East and maintenanceissues helped strengthen prices along the West Coast and Rockies.Yet mild weather nationwide, the expected American Gas Associationstorage report of higher-than-normal injections and a weak futuresscreen were traders’ main topics of conversation yesterday. And thegeneral consensus is that cash price increases may be hard to comeby for the next few days.
September 21, 1999
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