Two-year-old Appalachia-based upstart Eclipse Resources I LP, under the management of several shale veterans, has more than doubled its holdings in the Utica Shale in a deal to acquire Oxford Oil Co. LLC, and with it 184,000 net acres and 13.8 Bcfe of proved developed producing reserves.
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GNGS Pulls Neck and Neck with Scana
Georgia Natural Gas Services (GNGS) has equaled or even may haveovertaken Scana as Georgia’s leading marketer in terms of pipelinecapacity share, a GNGS executive said on Monday. With 30% of thepipeline capacity, GNGS is in line to be assigned another 120,000customers when the Georgia Public Service Commission (GPSC)determines random assignment tomorrow.
August 10, 1999