Former Petrohawk Energy Corp. CEO Floyd C. Wilson, who recently created Halcon Resources LLC, is leading a charge to buy Tulsa-based Ram Energy Resources Inc., a small-cap explorer that operates primarily in Texas, Louisiana and Oklahoma.
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New York Told to Get Fracking on Deficit
One day after New York regulators announced they would extend the comment deadline on a proposed rulemaking on hydraulic fracturing (fracking), former Gov. George Pataki urged officials to move forward to develop the Empire State’s portion of the Marcellus Shale, calling it “the right thing to do.”
New York Should Get Fracking on Deficit, Some Say
Former New York Gov. George Pataki said Thursday he supports shale gas and hydraulic fracturing (fracking) in the Empire State’s portion of the Marcellus Shale, calling its development “the right thing to do.”
Marathon Looks to Add Eagle Ford Acreage By Year’s End
Marathon Oil Corp. CEO Clarence Cazalot said the company’s purchase of 141,000 net acres in the Eagle Ford Shale from Hilcorp Resources Holdings LP for $3.5 billion was exceeding expectations, with production totaling nearly 1,000 boe/d on Tuesday, Marathon’s first official day as operator (see Shale Daily, June 2).
Senate Confirms New CFTC Commissioner
The Senate late Thursday confirmed Mark P. Wetjen, former policy adviser to Senate Majority Leader Harry Reid (D-NV), to a five-year term on the Commodity Futures Trading Commission (CFTC), succeeding departing Commissioner Michael Dunn.
Shale Gas Faces ‘Intense’ Fight for Markets
Don’t expect the energy pie to get bigger, John Hanger, the former head of the Pennsylvania Department of Environmental Protection (DEP), told a Pittsburgh audience last Thursday.
Hanger: Shale Gas Faces ‘Intense Competition’
Don’t expect the energy pie to get bigger, John Hanger, the former head of the Pennsylvania Department of Environmental Protection (DEP), told a Pittsburgh audience Thursday.
Jilted Partner Sues Over Oil Pipeline
Energy Transfer Partners LP, the former partner with Enterprise Products Partners LP in a proposed oil pipeline from Cushing, OK, to Houston, is suing Enterprise and its new partner in a similar project, Enbridge Inc.
Chesapeake Creates Oilfield Services Unit
Chesapeake Energy Corp. has created an oilfield services unit to house its growing business and to complement its massive U.S. drilling program. A former Boots & Coots executive was named CEO.
Chesapeake Creates Oilfield Services Unit
Chesapeake Energy Corp. has named a former Boots & Coots executive to lead a newly created oilfield services unit that will house the producer’s growing business and complement its massive U.S. drilling program.