Explores

UK Operator Doubles Shale Estimates; Others Await Frack Report

IGas Energy plc, which explores in the United Kingdom’s onshore, said shale gas reserves at its Ince Marches prospect in Cheshire, England, may be close to 10 Tcf, or double the original estimate. The producer now is looking for a farm-in partner.

April 5, 2012

Nexen: Little Impact from Deepwater Moratorium

Calgary-based Nexen Inc., which explores both onshore and in the Gulf of Mexico (GOM), said Thursday the six-month offshore drilling moratorium imposed by U.S. officials should have “no significant impact” this year.

July 19, 2010

Pinnacle Gas Agrees to Go Private in Investor Buyout

Junior producer Pinnacle Gas Resources Inc., which explores for coalbed methane (CBM) across the Rocky Mountains, said Wednesday it would be taken private in an all-cash transaction by an investor group that agreed to pay a 28% premium to the company’s closing price on Wednesday.

February 25, 2010

Pinnacle Gas Agrees to Go Private in Investor Buyout

Junior producer Pinnacle Gas Resources Inc., which explores for coalbed methane (CBM) across the Rocky Mountains, said Wednesday it would be taken private in an all-cash transaction by an investor group that agreed to pay a 28% premium to the company’s closing price on Wednesday.

February 25, 2010

Miller Petroleum Builds Alaska Presence

Miller Petroleum Inc., which explores for natural gas and oil in Alaska and Tennessee, has significantly upped its net reserves and acreage after acquiring the Alaska assets of bankrupt Pacific Energy Resources.

December 21, 2009

Miller Petroleum Builds Alaska Presence

Miller Petroleum Inc., which explores for natural gas and oil in Alaska and Tennessee, has significantly upped its net reserves and acreage after acquiring the Alaska assets of bankrupt Pacific Energy Resources.

December 17, 2009

Cheniere Posts $50M 1Q Loss, Continues Scaling Back

Struggling liquefied natural gas (LNG) terminal developer Cheniere Energy Inc. chalked up a $50 million loss in the first quarter as the company explores options for its business, unwinds contracts and lets go of employees.

May 12, 2008

Belt-Tightening Continues at Cheniere Energy

Struggling liquefied natural gas (LNG) terminal developer Cheniere Energy Inc. chalked up a $50 million loss in the first quarter as the company explores options for its business, unwinds contracts and lets go of employees.

May 12, 2008

Seismic Technology Confirms Deep Reserve Targets

As the oil and natural gas industry explores ever-deeper targets, particularly in the Gulf of Mexico (GOM), the Department of Energy (DOE) is touting a groundbreaking pre-drill seismic technology to confirm deep oil and natural gas reserves.

June 18, 2007

DOE Touts Pre-Drill Seismic Technology to Confirm Deep Targets

As the oil and natural gas industry explores ever-deeper targets, particularly in the Gulf of Mexico (GOM), the Department of Energy (DOE) used a cost-shared project managed by the Office of Fossil Energy’s National Energy Technology Laboratory (NETL) to develop groundbreaking pre-drill seismic technology.

June 13, 2007
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