Initial

Sempra Raises Nearly $1B for Mexico Growth

San Diego-based Sempra Energy held debt-equity initial public offerings (IPO) in Mexico during the first quarter, raising nearly $1 billion for its expanding operations south of the border, and in the process creating what CEO Debra Reed said is Mexico’s second largest energy company, IEnova.

May 6, 2013

Sempra IPO in Mexico Raises Nearly $1B; Overall Profits Slip

San Diego-based Sempra Energy held debt-equity initial public offerings (IPO) in Mexico during the first quarter, raising nearly $1 billion for its expanding operations south of the border, and in the process creating what CEO Debra Reed said is Mexico’s second largest energy company, IEnova.

May 6, 2013

EnerVest Utica Acreage Marketed in 13 Packages

EnerVest Ltd. hasn’t nailed down buyers for some of its Utica Shale portfolio in Ohio, but there is plenty of interest in the big leasehold. Now it’s a matter of getting the right prices and the right terms, CEO John Walker said Tuesday.

April 18, 2013

Sempra Eyes IPO, LNG Exports

San Diego-based Sempra Energy’s Mexico business unit plans to hold an initial public offering (IPO) of up to 20% of stock as part of a long-range plan to increase natural gas investments on both sides of the U.S.-Mexico border. At the same time, the company senior management is talking bullishly about U.S. liquefied natural gas (LNG) exports.

March 4, 2013

Sempra Eyes IPO for U.S.-Mexico NatGas Investments

San Diego-based Sempra Energy’s Mexico business unit plans to hold an initial public offering (IPO) of up to 20% of stock as part of a long-range plan to increase natural gas investments on both sides of the U.S.-Mexico border.

February 28, 2013
Plan In Hand, Newfield Needs to Execute, Analyst Says

Plan In Hand, Newfield Needs to Execute, Analyst Says

Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.

February 21, 2013
Shale’s Ethane Boom Gives Westlake Chemical Advantage

Shale’s Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013
Hearings Set for Draft California Fracking Rules

Hearings Set for Draft California Fracking Rules

California state oil/natural gas officials have scheduled the first in a series of all-day public workshops for Feb. 19 in Los Angeles to gain feedback on draft hydraulic fracturing (fracking) rules for the state.

February 13, 2013

Tradition Secures Midstream Financing

Tradition Midstream LLC said it has secured $100 million in equity financing to develop infrastructure across North America, with an initial focus on unconventional plays in Texas, Oklahoma and Louisiana.

January 11, 2013

For Third Consecutive Year, Comstock Targets Oil in South, West Texas

Comstock Resources Inc. announced Monday that it plans to spend about $420 million on exploration and development activities in 2013, with a drilling program focused on its oil-weighted holdings in South and West Texas — in the Eagle Ford Shale and Wolfbone and Wolfcamp formations in the Permian Basin, respectively.

January 8, 2013