The effort to put a natural gas severance tax hike before Arkansas voters has been suspended as backers came up short on the number of signatures necessary to put the issue on the November ballot (see Shale Daily, July 10; June 29). Tax hike proponent Sheffield Nelson told local news media he would make a final decision on whether to abandon the effort within a week. The campaign is short about 40,000 signatures after many were disqualifed. The campaign would need to make up the shortfall by Aug. 20 and deliver at least 62,507 valid signatures in total.
Least
Articles from Least
Bidding War Seen for Eagle Ford Player Eureka Energy
With the clock running out on an A45 cents/share takeover offer from Aurora Oil & Gas Ltd., directors of Eureka Energy, are being coy, advising investors to sit tight until its June 15 expiration “as there is the potential for important developments.” Indeed, it was reported that privately held Lonestar Resources Inc. had made a competing offer that would be considered over the weekend.
June 11, 2012
Moody’s: Chesapeake Must Sell $7B of Assets or Breach 2012 Debt Covenants
Chesapeake Energy Corp. has to sell “at least” $7 billion worth of assets this year to avoid a breach of debt covenants and a credit downgrade, a senior analyst with Moody’s Investors Service said Thursday.
June 1, 2012
Chesapeake Facing Breach of Debt Covenants, Says Moody’s
Chesapeake Energy Corp. has to sell “at least” $7 billion worth of assets this year to avoid a breach of debt covenants and a credit downgrade, a senior analyst with Moody’s Investors Service said Thursday.
June 1, 2012
Lawsuit Relief Coming for Louisiana Producers
Louisiana oil and gas producers should be able to put the past behind them — or at least not be burdened by outsized penalties for past environmental infractions — now that legislation to curb legacy lawsuits is in the final stretch toward adoption.
May 29, 2012
Govt/Industry Cut Marcellus Environmental Incidents, Report Finds
Hydraulic fracturing (fracking) is becoming safer in Pennsylvania’s Marcellus Shale, thanks at least in part to the state’s regulation of the practice, according to researchers at the University at Buffalo’s (UB) Shale Resources and Society Institute.
May 21, 2012
U.S. Energy Independence Not Achievable Before 2030, Survey Finds
U.S. energy independence won’t be achievable until at least 2030, even with a renewed focus on domestic energy resources, energy infrastructure and unconventionals, according to more than two-thirds of the energy executives responding to a new survey conducted by KPMG Global Energy Institute (GEI).
May 17, 2012
Govt/Industry Dramatically Cut Marcellus Environmental Incidents, Report Finds
Hydraulic fracturing (fracking) is becoming safer in Pennsylvania’s Marcellus Shale, thanks at least in part to the state’s regulation of the practice, according to researchers at the University at Buffalo’s (UB) Shale Resources and Society Institute.
May 16, 2012
Nova Scotia Enacts Two-Year Fracking Ban
Nova Scotia said it will extend its review of hydraulic fracturing (fracking) until mid-2014, enacting a moratorium on the practice for at least another two years.
April 23, 2012
Report Casts Negative Eye on Oil Shale in Colorado
Citing commercial, environmental and technological uncertainties, the environmental group Western Resource Advocates (WRA) released a report casting doubts on oil shale, and emphasizing its distinct differences with shale gas and shale oil.
March 14, 2012
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