The former CEO and former CFO of Quest Resource Corp. have been sued by the Securities and Exchange Commission (SEC) for allegedly siphoning millions of dollars from the Oklahoma City-based producer.
Exchange
Articles from Exchange
Barclays: Futures Strip Rally at Year-End
A price rally this year in the calendar 2010 (Cal10) New York Mercantile Exchange gas futures strip is the biggest threat to 2010 spot price recovery as stronger futures would accommodate more hedging and trigger a stronger drilling response among producers, analysts at Barclays Capital said last Tuesday.
TransCanada Seeking Pre-Filing Status for Alaska Gasline
TransCanada Corp. Thursday filed at FERC seeking pre-filing status for its proposed Alaska Pipeline Project.
Gas Trading Outlook ‘Good,’ Investment Pundit Says
With natural gas demand and prices falling and U.S. inventories at their second-highest levels ever, gas exchange traded funds (ETF) are still looking bullish, according to Tom Lydon, a Newport Beach, CA-based investment consultant with Global Trends Investments.
Natural Gas Trading Outlook ‘Good,’ Investment Pundit Says
With natural gas demand and prices falling and U.S. inventories at their second-highest levels ever, gas exchange traded funds (ETF) are still looking bullish, according to Tom Lydon, a Newport Beach, CA-based investment consultant with Global Trends Investments.
Analysts Mull Supply Balance; March Gas Retreats 7.2 Cents
March natural gas futures retreated in lackluster trading Friday on the New York Mercantile Exchange. Prior to the open of floor trading the March contract did breach the $4.00 level, trading as low as $3.921 in early Globex trading. Traders cited continued worries of a pervasive supply overhang, although others see factors in play working to contract the surplus. At the close March futures had fallen 7.2 cents to $4.006 and the April contract was down 7.5 cents to $4.036. March crude oil dropped 54 cents to $38.94/bbl.
SEC Expands Reserves Reporting to Include Probable, Possible
The Securities and Exchange Commission (SEC) last Monday approved a significant update of its reserves reporting requirements for oil and gas companies, enabling them to report probable and possible reserves along with proved reserves, as well as value reserves based on an average price over the prior 12-month period.
SEC Expands Reserves Reporting to Include Probable, Possible
The Securities and Exchange Commission (SEC) Monday approved a significant update of its reserves reporting requirements for oil and gas companies, enabling them to report probable and possible reserves along with proved reserves.
Futures Rally on Bullish Weather; Technical System Points Higher
Choppy trading continued Monday in natural gas trading at the New York Mercantile Exchange as the market rebounded to take back a portion of Friday’s post-holiday and pre-weekend sell-off. At $6.604, the January contract gained 9.4 cents to close just off its $6.645 high for the session.
Traders Have No Faith in Rallies; September Retreats 20.2 Cents
September natural gas futures ignored a slightly supportive inventory figure and fell in active trading Thursday on the New York Mercantile Exchange. The Energy Information Administration reported injections of 56 Bcf, slightly less than the 60 Bcf expected by a survey conducted by Reuters or the 61 Bcf revealed in a Bloomberg poll.