Disappointed

Rex Energy Corp. said it is “pleased” with the results so far from a well targeting Ohio’s Utica Shale, but it is disappointed with a third-party well completion technique at a second well and blamed bad weather for delays in putting other wells into sales.

Industry experts said they were disappointed by the Utica Shale oil production figures for 2012 released Thursday by the Ohio Department of Natural Resources (ODNR), but they believe a clearer picture is beginning to emerge of where the play’s sweet spots for oil are located.

After a tepid company response saying it was “disappointed” in a U.S. Department of Energy (DOE)-sponsored study that supports export of liquefied natural gas (LNG), Dow Chemical Co. CEO Andrew Liveris unloaded on the report and its findings in a statement of his own.

Industry officials were disappointed in President Obama’s jobs speech Thursday, saying their pleas for him to make oil and natural gas the “centerpiece” of his jobs-creation effort fell largely on deaf ears.

Industry officials were disappointed in President Obama’s jobs speech Thursday, saying their pleas for him to make oil and natural gas the “centerpiece” of his jobs-creation effort fell largely on deaf ears.

With a drilling industry begun in the mid-1800s and modifications to its decades-old oil and gas law in place, Ohio is well prepared for the kind of shale industry growth that has to varying degrees overwhelmed other states, according to Ohio Oil & Gas Association (OOGA) Executive Vice President Tom Stewart.

The head of the National Transportation Safety Board (NTSB) last week criticized Pacific Gas and Electric Co. (PG&E) and said she was “very disappointed” that the company had been slow to reveal there had been a leak in 1988 on a section of its gas transmission Line 132, which exploded in San Bruno, CA, last September.

The U.S. Chamber of Commerce said Tuesday it is disappointed by Senate Banking Committee Chairman Christopher J. Dodd’s (D-CT) proposal for a sweeping overhaul of the financial regulatory system, citing the measure’s failure to attract bipartisan support in the Senate.

The U.S. Chamber of Commerce said Tuesday it is disappointed by Senate Banking Committee Chairman Christopher J. Dodd’s (D-CT) proposal for a sweeping overhaul of the financial regulatory system, citing the measure’s failure to attract bipartisan support in the Senate.