Hosted

Ohio government officials and industry experts met for a shale symposium hosted by law firm BakerHostetler LLP, offering their opinions of what the challenges will be in the Utica Shale as the play develops.

Canadian Pan Ocean Ltd., funded by Asian investors, has put together an operating company in the liquids-rich Duvernay Shale in southwestern Alberta, executing a binding term sheet for a farm-out agreement with Canadian producer Mako Hydrocarbons Ltd. for the producer’s 50% working interest in its Alberta Joint Venture (AJV).

A crowd of about 5,000 showed up recently for the third annual community picnic hosted by Cabot Oil & Gas Corp. at the Harford Fair Grounds in Susquehanna County, PA. Attendees included residents in the Marcellus Shale area, oil and gas industry representatives and their suppliers and a healthy contingent of Cabot employees manning displays from shale rock samples to compressed gas equipment.

Sempra Energy CEO Debra Reed on Thursday told financial analysts at a meeting her company hosted in San Diego that shale gas and renewables will be at the center of Sempra’s focus in the next few years.

With construction of their liquefied natural gas (LNG) terminal on Quintana Island in Brazoria County, TX, almost complete, backers of the Freeport LNG facility hosted a media day last Tuesday to tout the safety of their regasification facility.

With construction of their liquefied natural gas (LNG) terminal on Quintana Island in Brazoria County, TX, almost complete, backers of the Freeport LNG facility hosted a media day Tuesday to tout the safety of their regasification facility.

Major policymakers will speak about national energy policy issues at a major conference on Sept. 24 to be hosted by the U.S. Chamber of Commerce in Washington, DC. Scheduled speakers will include FERC Chairman Pat Wood, Rep. W.J. “Billy” Tauzin (R-LA), chairman of the House Energy and Commerce Committee, and Sen. Jeff Bingaman (D-NM), chairman of the Senate Natural Resources Committee. The conference, “Energy Summit 2002, Ensuring America’s Energy Supply,” will run from 8:30 a.m.-5 p.m.at the Chamber headquarters, located at 1615 H St. NW. For further information, parties should contract Chris Merida at (202) 463-5648 or go to www.uschamber.com. Chamber members will be charged $325 to attend the event; non-members, $425. The price at the door will be $500.

Major policymakers will speak about national energy policy issues at a major conference on Tuesday (Sept. 24) to be hosted by the U.S. Chamber of Commerce in Washington, DC. Scheduled speakers will include FERC Chairman Pat Wood, Rep. W.J. “Billy” Tauzin (R-LA), chairman of the House Energy and Commerce Committee, and Sen. Jeff Bingaman (D-NM), chairman of the Senate Natural Resources Committee. The conference, “Energy Summit 2002, Ensuring America’s Energy Supply,” will run from 8:30 a.m.-5 p.m. at the Chamber headquarters, located at 1615 H St. NW. For further information, parties should contract Chris Merida at (202) 463-5648 or go to www.uschamber.com. Chamber members will be charged $325 to attend the event; non-members, $425. The price at the door will be $500.

A financial community audience hosted by Standard & Poor’s in New York City was told last Wednesday that in the wake of this year’s energy industry credit and credibility crisis, electricity reserves look adequate for North America through 2008, but energy price volatility is expected to continue, particularly in regard to natural gas. On average, however, gas prices should stay in the $2.75-$3.50/MMBtu range, according to a presentation by Boulder, CO-based researcher Douglas Logan, a principal in Platts Research & Consulting/RDI.