Corp

Jeff Shellebarger, 56, will take over as president of Chevron Corp. subsidiary Chevron North America Exploration and Production Co. on Aug. 1. Gary Luquette has helmed the unit since 2006, but he is retiring after 35 years. To help with the transition, Luquette plans to remain at Chevron until Sept. 1. Shellebarger joined Chevron in 1980 and now manages the IndoAsia business unit. As president of North America operations, Shellebarger would oversee exploration and production activity across all of the producer’s assets in the United States and Canada.

Kodiak Oil & Gas Corp. has agreed to purchase 42,000 net acres and associated production in North Dakota’s Williston Basin for $660 million in cash from Liberty Resources LLC.

A federal appeals court in Cincinnati has remanded back to a Youngstown, OH, district court a class action lawsuit against Chesapeake Energy Corp., which holds leases from predecessor operators that allegedly underpaid natural gas royalties to Ohio landowners for more than a decade.

With natural gas prices increasing, a joint venture (JV) in the Marcellus Shale has announced plans to build a dry gas pipeline across two neighboring counties in north-central West Virginia.

TransCanada Corp. has been given unprecedented power to set prices for natural gas transportation and should try to make the freedom work instead of seeking even more concessions at the expense of shippers, the National Energy Board (NEB) has been told.

Encana Corp.’s Deep Panuke natural gas field offshore Nova Scotia, which has been in development in some form for more than 10 years, is scheduled to begin production before the end of June, according to the Dutch company that was hired to build and operate the production facility.

Range Resources Corp.’s Marcellus Shale leasehold has the potential to produce up to 8 Bcf/d, an executive said last week.

TransCanada Corp. has been given unprecedented power to set prices for natural gas transportation and should try to make that work instead of seeking more concessions at the expense of shippers, according to filings with the National Energy Board (NEB).

Range Resources Corp. has the potential to produce up to 8 Bcf/d from the Marcellus Shale, an executive said Tuesday.