Focused

Denver-based Kodiak Oil & Gas Corp., which is focused on the Bakken Shale in North Dakota’s Williston Basin, grew oil and gas sales volumes by 83% during the second quarter compared to a year ago; crude oil accounted for 87% of second quarter sales. The company has raised capital spending and production guidance for the remainder of the year.

EQT Midstream Partners LP agreed to pay up to $650 million for Appalachian-focused Sunrise Partners LP and a new transportation agreement, the company said Monday.

With industry, a U.S. senator and North Dakota state officials all focused on robust permitting applications for oil and natural gas development in the Bakken Shale, the Bakken Federal Executives Group is the latest attempt to streamline federal processes that are criticized for being too slow.

Houston-based and Alaska-focused Buccaneer Energy, which has struggled to fund its Cook Inlet drilling program as its shares have languished, is facing a move to replace its entire board by two dissident shareholder groups that argue the company needs to streamline its operations and tone down its ambitions.

With industry, a U.S. senator and North Dakota state officials all focused on robust permitting applications for oil and natural gas development in the Bakken Shale, a new collaboration of federal agencies, the Bakken Federal Executives Group, is the latest attempt to streamline federal processes that are criticized for being too slow.

Houston-based and Alaska-focused Buccaneer Energy, which has struggled to fund its Cook Inlet drilling program as its shares have languished, is facing a move to replace its entire board by two dissident shareholder groups that argue the company needs to streamline its operations and tone down its ambitions.

Antero Resources LLC, the Appalachian Basin-focused powerhouse powered by private equity giant Warburg Pincus, said last week net production in 1Q2013 jumped 114% year/year and increased 21% sequentially, primarily driven by 24 new wells brought online in the Marcellus Shale.

Antero Resources LLC, the Appalachian Basin-focused powerhouse powered by private equity giant Warburg Pincus, said Monday net production in 1Q2013 jumped 114% year/year and increased 21% sequentially, primarily driven by 24 new wells brought online in the Marcellus Shale.

Lawmakers on a key committee of the Pennsylvania House of Representatives approved three “Marcellus Works” bills on Tuesday.