Forth

Royale Touts JV for Alaska North Slope Shale Acreage

Royale Energy Inc. said Wednesday it struck a $43 million joint venture (JV) agreement with an unnamed company to fund exploration costs on its Alaska North Slope acreage.

April 12, 2013

Constitution Pipeline Runs Afoul of Environmental Organizations

FERC has to conduct a “vigorous and exhaustive” needs analysis for the proposed Constitution Pipeline before it allows the Marcellus-to-New York natural gas project to go forth, said an environmental law practice representing the grassroots coalition “Stop the Pipeline (STP).”

October 12, 2012

Grassroots Coalition Seeks to Block Constitution Pipeline

FERC has to conduct a “vigorous and exhaustive” needs analysis for the proposed Constitution Pipeline before it allows the Marcellus-to-New York natural gas project to go forth, said an environmental law practice representing the grassroots coalition “Stop the Pipeline (STP).”

October 11, 2012

North Carolina Gas Reserve Estimates Said Too Optimistic

North Carolina’s assistant state geologist said estimates put forth by supporters of natural gas development in the Tar Heel State are overly optimistic and actual reserves are probably much lower.

May 28, 2012

Pennsylvania Township Wants Ballot Question Removed

A Pennsylvania township has filed lawsuit against its county board of elections, arguing that a referendum put forth by an environmental group that would ban hydraulic fracturing (fracking) in the township violates several state laws and could expose the municipality to legal action by the industry and others.

September 15, 2011

Choppy Cash Market Movement, Except for the West

Consensus was hard to find among natural gas cash market traders Monday as the recent trend of squirrelly back-and-forth futures trading left cash points all over the board for delivery on Tuesday. Most regions saw a healthy mix of gains and losses on Monday, with the exception of the Rockies and the West Coast, which were uniformly higher.

June 14, 2011

Futures Erase Monday’s Gains to Close Just Above $4

Continuing the recent string of back-and-forth trading, January futures, fresh off Monday’s 17.1-cent gain, declined by 17.8 cents on Tuesday to $4.059.

December 22, 2010

Upside Open? Futures Add 15.7 Cents to $4.164

Continuing the wild back and forth trading from one week to the next, December natural gas futures on Friday traded between $3.975 and $4.175 before closing at $4.164, up 15.7 cents from Thursday and 36.5 cents higher than the previous week’s finish.

November 22, 2010

Futures Fall Below $4 to End Week

Adding to the week’s trend of back-and-forth trading — a product of a directionless market — October natural gas futures probed lower values on Friday and closed at $3.881, down 13.8 cents from Thursday’s finish and 14.3 cents below the previous week’s close.

September 27, 2010

Futures Rebound; Forecasters Eye Stormy October

Continuing the months-long tradition of back-and-forth trading, October natural gas futures gained back almost half of Monday’s 20.2-cent decline on Tuesday. The prompt-month contract added 9.7 cents to close the regular session at $3.919.

September 22, 2010
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