Disclosing

Japan’s Inpex Corp. said Tuesday it plans to expand its exploration, development and production activities in the U.S. Gulf of Mexico (GOM) after disclosing that it was the mystery buyer of a stake in the promising Lucius deepwater development. Subsidiary Teikoku Oil (North America) Co. Ltd. purchased the 7.2% participating stake in Lucius from operator Anadarko Petroleum Corp.

Confidentiality agreements with service operators have prevented natural gas producers from disclosing data about hydraulic fracturing (hydrofrac) chemicals used in shale drilling, but it’s “silly” and “this is not acceptable,” Range Resources Corp. CEO John Pinkerton said Wednesday.

Confidentiality agreements with service operators have prevented natural gas producers from disclosing data about chemicals contained in hydraulic fracturing (hydrofrac) fluids, but it’s “silly” and “this is not acceptable,” Range Resources Corp. CEO John Pinkerton said Wednesday.

While disclosing that prolonged negotiations will likely delay the delivery date, the senior partner in Canada’s Arctic natural gas project said securing native participation in the Mackenzie Valley pipeline will be worth the wait.

While disclosing that prolonged negotiations will likely delay the delivery date, the senior partner in Canada’s Arctic natural gas project said securing native participation in the Mackenzie Valley pipeline will be worth the wait.

Westar Energy added yet another investigation to its already long list, disclosing in its 10-Q filing Thursday that the Securities and Exchange Commission (SEC) intends to take a closer look at the restatement of the company’s first and second quarter financial results. The company said earlier this month it will restate its quarterly financials to reflect an additional impairment (a charge of $93 million) at Protection One Inc., a home security company in which the Topeka, KS-based company owns an 88% stake (see Power Market Today, Nov. 4). The charge increased its first-half loss to $737.1 million, or $10.31 a share, Westar said.

Westar Energy added yet another investigation to its already long list, disclosing in its 10-Q filing Thursday that the Securities and Exchange Commission (SEC) intends to take a closer look at the restatement of the company’s first and second quarter financial results. The company said earlier this month it will restate its quarterly financials to reflect an additional impairment (a charge of $93 million) at Protection One Inc., a home security company in which the Topeka, KS-based company owns an 88% stake (see Power Market Today, Nov. 4). The charge increased its first-half loss to $737.1 million, or $10.31 a share, Westar said.