As the deadline for moving proposed bills out of finance committees came and went Thursday, the California state legislature again gave up on measures designed to more closely regulate hydraulic fracturing (fracking).
Finance
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Voyager, Emerald Combo Strengthens Rockies Unconventional Focus
Denver-based explorer Voyager Oil & Gas Inc. on Tuesday agreed to buy a unit of Australia’s Emerald Oil & Gas NL in a deal that would create a U.S.-based Rocky Mountains operator focused on established and emerging unconventional oil and natural gas plays.
Senate Committee Urged to Keep Tax Breaks for IDCs
Energy industry supporters last week urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.
Senate Committee Urged to Keep Tax Breaks for IDCs
Energy industry experts on Tuesday urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.
Romney Adviser Warns Against Cutting Oil and Gas Tax Breaks
Energy industry experts on Tuesday urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.
Chesapeake CEO Loans Send Investors Scattering
Chesapeake Energy Corp. CEO Aubrey K. McClendon over the past three years has taken out more than $1 billion in personal loans to finance his stakes in company wells and their operations, news that led some disapproving investors on Wednesday to head for the exit.
Encana Hunts for North American Drilling Partners
Calgary-based Encana Corp. confirmed last week that it is looking for a partnership to help finance some of its North American oil and liquids-rich opportunities.
Encana Hunting for U.S., Canadian Drilling Partner
Calgary-based Encana Corp. confirmed Monday that it is looking for a partnership to help finance some of its North American oil and liquids-rich opportunities.
Energy CFOs Foresee Greater Capital Access in 2012
The finance chiefs at U.S. exploration and production companies appear more optimistic about the prospects of accessing capital in the coming year, but they remain concerned about volatility in the global economy, according to a survey by consultant BDO USA LLP.
Energy CFOs Foresee Greater Capital Access in 2012
The finance chiefs at U.S. exploration and production companies appear more optimistic about the prospects of accessing capital in the coming year, but they remain concerned about volatility in the global economy, according to a survey by consultant BDO USA LLP.