Possible sales of hundreds of millions of dollars in assets by the nation’s largest municipal utility to help avoid large rate increases are still being considered, according to Austin Beutner, the acting head of the Los Angeles Department of Water and Power (LADWP). An upcoming integrated resource plan is expected to show more detailed plans.
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EXCO, BG Group Build Shale Portfolio
BG Group plc, which last year agreed to help finance EXCO Resources Inc.’s exploration efforts in the Haynesville/Bossier Shale play, last week agreed to pay EXCO $950 million to acquire a half stake in an Appalachian Basin leasehold that includes Marcellus Shale acreage.
May 17, 2010
EXCO, BG Group Build Shale Portfolio
BG Group plc, which last year agreed to help finance EXCO Resources Inc.’s exploration efforts in the Haynesville/Bossier Shale play, on Monday agreed to pay EXCO $950 million to acquire a half stake in an Appalachian Basin leasehold that includes Marcellus Shale acreage.
May 11, 2010
Futures Rally Above $4 Despite 12 Bcf Storage Addition
With a little help from triggering technical support on the charts, May natural gas futures values shot higher in Thursday morning trade following news from the Energy Information Administration (EIA) that only 12 Bcf was injected into underground storage for the week ending March 26.
April 5, 2010
Futures Rally Above $4 Despite 12 Bcf Storage Addition
With a little help from triggering technical support on the charts, May natural gas futures values shot higher in Thursday morning trade following news from the Energy Information Administration (EIA) that only 12 Bcf was injected into underground storage for the week ending March 26.
April 5, 2010
Gains Dominant in Near-Flat Mixed Pricing
Screen, some remaining cold weather help boost most cash points slightly.
March 23, 2010
Gains Dominant in Near-Flat Mixed Pricing
Screen, some remaining cold weather help boost most cash points slightly.
March 23, 2010
Range Resources Marcellus Output May Double in 2010
It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said last week.
March 1, 2010
Range Resources Output in Marcellus Shale Exceeds 115 MMcfe/d
It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said Wednesday.
February 25, 2010
Range Resources Output in Marcellus Shale Exceeds 115 MMcfe/d
It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said Wednesday.
February 25, 2010
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