Enbridge Inc. is in talks with Alaska officials to potentially construct, own and operate an in-state natural gas pipeline to serve interior and Southcentral Alaska. The 727-mile pipeline is a potential alternative to a larger pipeline and liquefied natural gas (LNG) export project.
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Australia’s Austin Exploration Ltd. has struck an agreement for Houston-based Halcon Resources Corp. to participate in its Birch Project in the northeastern Eagle Ford Shale. Halcon’s founders are Eagle Ford veterans, having pioneered the play with a previous company.
FERC has approved a request from Spectra Energy unit Algonquin Gas Transmissions to begin a pre-filing review process for the company’s proposed Algonquin Incremental Market (AIM) Project, a significant step forward for the long-awaited pipeline, which would deliver to the Northeast critically needed gas from Pennsylvania.
China’s Sinopec International Petroleum Exploration and Production Corp. has added to its considerable leasehold in the Mississippian Lime formation after agreeing to pay Chesapeake Energy Corp. $1.02 billion in cash for half of its 850,000 net acres.
Appalachian midstream provider MarkWest Energy Partners LP and private equity fund The Energy and Minerals Group (EMG) have completed an amendment to give EMG a larger stake in their joint venture (JV) in the Utica Shale.
Drilling in Eastern Tennessee’s dry gas Chattanooga Shale play has ceased due to low natural gas prices, so the focus has shifted to extracting oil from the state’s Fort Payne formation, which lies atop the Chattanooga. Miller Energy Resources, Inc. this week is shipping its first tanker truckload of oil produced from the Fort Payne’s only unconventional well, according to Gary Bible, vice president of geology for the Knoxville, TN-based firm.