Investments

Chesapeake Shedding Fayetteville, Other Assets

Chesapeake Energy Corp. said last week it plans to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings LLC and privately held Chaparral Energy Inc. Pre-tax proceeds could exceed $5 billion, the Oklahoma City-based company said.

February 14, 2011

Chesapeake to Shed Fayetteville, Other Assets

Chesapeake Energy Corp. said Monday it plans to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings LLC and privately held Chaparral Energy Inc. Pre-tax proceeds could exceed $5 billion, the Oklahoma City-based company said.

February 8, 2011

Chesapeake Jettisoning Fayetteville, Other Assets

Chesapeake Energy Corp. said Monday it plans to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings LLC and privately held Chaparral Energy Inc. Pre-tax proceeds could exceed $5 billion, the Oklahoma City-based company said.

February 8, 2011

Shale Hype Versus Reality ‘Huge’ Uncertainty for Gas Markets

The shale revolution in the United States has created “huge uncertainties” for international natural gas markets that likely will inhibit investments in gas — both conventional and unconventional — and in many renewables, London-based analyst Chatham House said last week.

September 27, 2010

Shale Hype Versus Reality A ‘Huge’ Uncertainty for Gas Markets

The shale revolution in the United States has created “huge uncertainties” for international natural gas markets that likely will inhibit investments in gas — both conventional and unconventional — and in many renewables, London-based analyst Chatham House said Friday.

September 27, 2010

Sempra to Add $500M to Annual Capital Spending

Sempra Energy expects annual capital expenditures and investments to average approximately $2.9 billion through 2014, up from about $2.4 billion annually during the previous five years, CEO Donald E. Felsinger said Thursday.

March 26, 2010

Sempra to Add $500M to Annual Capital Spending

Sempra Energy expects annual capital expenditures and investments to average approximately $2.9 billion through 2014, up from about $2.4 billion annually during the previous five years, CEO Donald E. Felsinger said Thursday.

March 26, 2010

ONEOK Sees Benefits of $2B Capital Investment Program

Earnings associated with the completion of more than $2 billion in capital investments in its ONEOK Partners unit, which were begun in 2006, helped to drive ONEOK Inc.’s earnings 37% higher in 4Q2009, though ONEOK Partners reported a 5.3% decline in the same period, the Tulsa-based company said Tuesday.

February 24, 2010

ONEOK Sees Benefits of $2B Capital Investment Program

Earnings associated with the completion of more than $2 billion in capital investments in its ONEOK Partners unit, which were begun in 2006, helped to drive ONEOK Inc.’s earnings 37% higher in 4Q2009, though ONEOK Partners reported a 5.3% decline in the same period, the Tulsa-based company said Tuesday.

February 24, 2010

Upstream Performance Facing ‘Serious Challenges’ in 2009

Upstream investments at 232 of the largest global natural gas and oil producers jumped 21% to $492 billion from 2007 to 2008, but with this year’s cash flow and revenues below year-ago levels, many producers face “serious challenges” going forward, according to a study by IHS Herold Inc. and Harrison Lovegrove & Co. Ltd.

September 28, 2009