Despite previously announced intentions to find a partner to help develop its Eagle Ford Shale acreage, Denver-based Forest Oil Corp. said it has identified a “go-it-alone plan that is attractive to the company.”
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Forest Plans to Go It Alone in Eagle Ford
Despite previously announced intentions to find a partner to help develop its Eagle Ford Shale acreage, Denver-based Forest Oil Corp. said it has identified a “go-it-alone plan that is attractive to the company.”
EPA Rule Seen Straining Gas, Power Infrastructure
With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.
Bentek: EPA Rule Would Drive Regional Gas Prices Higher
With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.
Canada’s Cordova Embayment Drawing International Interest
Fledgling Canadian shale gas development is growing a new wing that is attracting Asian as well as North American investment attention as a supply source with potential to reach international scale.
Double Eagle Considering Joint Ventures, Low-Risk Projects
Denver-based natural gas producer Double Eagle Petroleum has no intentions to drill new wells this year in the Catalina Unit of Wyoming, long one of the company’s prized leaseholds. Instead, the junior independent will focus on lower risk nonoperated projects and review some offers to set up joint ventures, the CEO said Thursday.
Double Eagle Considering Joint Ventures, Low-Risk Projects
Denver-based natural gas producer Double Eagle Petroleum has no intentions to drill new wells this year in the Catalina Unit of Wyoming, long one of the company’s prized leaseholds. Instead, the junior independent will focus on lower risk nonoperated projects and review some offers to set up joint ventures, the CEO said Thursday.
NE British Columbia Development Booming
Canadian natural gas producers telegraphed intentions to continue accelerating supply development on their “near frontier” of northeastern British Columbia by setting a record at the latest monthly auction of provincial drilling rights and adding to the ten-fold increase — from the millions to the billions — in auction revenues year-to-date 2008, compared to the same period last year.
NE British Columbia Development Activity Booming
Canadian natural gas producers telegraphed intentions to continue accelerating supply development on their “near frontier” of northeastern British Columbia by setting a record at the latest monthly auction of provincial drilling rights and adding to the ten-fold increase — from the millions to the billions — in auction revenues year-to-date 2008, compared to the same period last year.
Enterprise Takes Stake in Energy Transfer’s Interstate Pipe Business
Enterprise GP Holdings LP last week made good on its intentions to enter the interstate pipeline market after announcing two separate transactions that give it a minority stake in Energy Transfer Equity LP and TEPPCO Partners LP. The transactions, which together are worth an estimated $2.8 billion, are expected to increase Enterprise’s distributable cash flow per unit in 2008 by more than 10%.