Directors

Testing Helps EOG Boost Eagle Ford Oil Reserves to 2.2 Billion Boe

EOG Resources Inc. said it now holds 2.2 billion boe of potential recoverable crude oil reserves in the Eagle Ford Shale — reportedly the largest share net to one company in the last 40 years — and plans to continue focusing on oil production in 2013, after posting large increases in oil, condensate and natural gas liquids (NGL) production the year before.

February 15, 2013

Big Bakken E&P Hit by Investor Unit for Flaring

A socially focused investor group has submitted a shareholder resolution aimed at reducing volumes of flared natural gas at oil wellheads. Mercy Investment Services has targeted Oklahoma-based Continental Resources Inc., the leading exploration and production (E&P) operator in North Dakota’s Bakken Shale and Three Forks plays.

January 14, 2013

People

The Marcellus Shale Coalition (MSC) announced leadership of its committees and subcommittees for 2013 as elected by the MSC board of directors. Committee chairs announced by MSC are Range Resources’ Bill Burket (health and safety); Seneca Resources’ Mike Donovan (land affairs); Pennsylvania General Energy’s Craig Mayer (legal committee); MarkWest Energy Partners’ Dave Callahan (legislative committee); EOG Resources’ Gary Smith (membership committee); MarkWest’s Rob McHale (midstream/pipeline committee); Chesapeake Energy’s Will Freeman (natural gas use); XTO Energy’s Karen Matusic (public relations); Chief Oil & Gas’s Terry Bossert (regulatory); Chevron’s Alan Abel (research collaborative); Consol Energy’s Ryan Litwinovich (supply chain); Southwestern’s Jennifer Stewart (tax and fee); Range’s Joe Frantz (technical); Cabot Oil & Gas’s John Smelko (environmental stewardship); WPX Energy’s Charles McCandless (transportation); and Atlas Energy’s Viola Lazzer (workforce).

January 14, 2013

Chesapeake Revamping Corporate Governance, Reining in McClendon

Chesapeake Energy Corp.’s share price had fallen more than 4% in afternoon trading Tuesday following news a day earlier to revamp corporate governance and rein in spending and compensation. Among other things, CEO Aubrey McClendon won’t receive a bonus for 2012 and some of his perquisites have been cut.

January 9, 2013

People

The board of directors of the Interstate Natural Gas Association of America (INGAA) elected as chairman C. Gregory Harper, who is senior vice president and group president of CenterPoint Energy’s Pipelines and Field Services businesses. Harper follows Spectra Energy CEO Gregory L. Ebel as INGAA chairman. The board also elected Gary L. Sypolt, CEO of Dominion Resources’ Dominion Energy operating segment, as first vice chairman, and David Devine, president of Kinder Morgan’s Natural Gas Pipe Line Co., as second vice chair. INGAA officers are elected for one-year terms.

October 4, 2012

Gasfrac CEO, COO Gone; Board Launches Operational Review

Gasfrac Energy Services Inc., which has been attempting to build market share in the U.S. hydraulic fracturing (fracking) market with its waterless technology, on Tuesday said CEO Zeke Zeringue and COO Steve Batchelor have left the company, and an operational review and management restructuring have begun.

September 12, 2012

Internal Investigation Clears Encana of Collusion

Encana Corp.’s board of directors has concluded that the producer did not collude with “competitors” on land leasing in Michigan two years ago.

September 7, 2012

Encana Board Finds No Collusion in Michigan

Encana Corp. said Wednesday its board of directors had concluded that the producer had not colluded with “competitors” on land leasing in Michigan two years ago.

September 7, 2012

Gasland Director Gets A Note from Energy Industry

In the film industry, directors give notes to actors about how to improve their performances. The energy industry has turned the tables on Gasland director Josh Fox, giving him some pointers for the sequel to his anti-hydraulic fracturing (fracking) film.

September 3, 2012

Gasland Director Gets a Note from Energy Industry

In the film industry, directors give notes to actors about how to improve their performances. The energy industry has turned the tables on Gasland director Josh Fox, giving him some pointers for the sequel to his anti-hydraulic fracturing (fracking) film.

August 28, 2012