Until the bell rang on Friday, things appeared to be looking up for Chesapeake Energy Corp.’s management team. Its decision to sell a half million acres in the Denver-Julesburg (DJ) Basin, which previously hadn’t been on the company’s list of publicly disclosed assets to sell, had been praised, with analysts noting that it might fetch up to $1 billion and help the company reach its capital commitment goals this year.
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New York Landowners Group Presents ‘Declaration of Rights’
A coalition of New York landowners who support natural gas development came to the state capital on Wednesday to meet elected officials backing their cause and to deliver them a six-point landowners’ “declaration of rights.”
Salazar Calls Anadarko Utah Project ‘Template’ for Industry
Interior Secretary Ken Salazar last Tuesday signed a record of decision (ROD) giving Anadarko Petroleum Corp. the green light to proceed with a major natural gas development project in eastern Utah.
Salazar OKs Anadarko’s Utah Project, Calls It ‘Template’ for Industry
Interior Secretary Ken Salazar Tuesday signed a record of decision (ROD) giving Anadarko Petroleum Corp. the green light to proceed with a major natural gas development project in eastern Utah.
EPA Says 20 More Water Wells in Dimock Tested Safe
The U.S. Environmental Protection Agency (EPA) announced Friday that 20 water wells in Dimock Township, PA — collectively its second round of water quality testing — did not reveal any signs of contamination from natural gas drilling.
‘Epa-Dimock’ Over? Testing Finds No Contamination from Drilling
The U.S. Environmental Protection Agency (EPA) said Thursday initial test results of water samples taken from 11 households in the Carter Road/Meshoppen Creek Road area of Dimock Township, PA, do not indicate any levels of contamination from natural gas drilling.
Endeavour Excited, But Waiting, on Heath Shale Development
Endeavour International Corp. said it plans to spend 2012 focusing on developing its offshore oil assets and ramping up production in the North Sea while it waits to see the results from tight oil test wells drilled into the Heath Shale play in Montana.
Apache Expands Drilling Plans in Permian, Anadarko Basins
Apache Corp.’s decision to pivot from North American natural gas basins to liquids targets paid off handsomely in 2011, and there are no plans to turn back, CEO G. Steven Farris told financial analysts on Thursday.
Advocacy Group Favors Carving Out Energy from Transportation Bill
A pro-energy advocacy group said it backs the decision by House Majority Leader John Boehner (R-OH) to consider separately the natural resources/energy provisions and surface transportation component of the five-year, $260 billion American Energy and Infrastructure Act.
Cabot Says Duplicate EPA Tests in Dimock Undermine Policy
Cabot Oil & Gas Corp. says it is “disappointed” and “concerned” over a decision by the U.S. Environmental Protection Agency (EPA) to conduct water sampling in Dimock Township, PA, saying the action duplicates a state investigation, causes regulatory uncertainty and conflicts with Obama administration policy.