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Alaska Gov. Sean Parnell is on a trade mission to talk up exports of liquefied Alaskan gas to Asian markets. Parnell is slated to meet with Japanese and South Korean officials and business leaders over the coming days. The Korea Chamber of Commerce and Industry arranged a meeting of Parnell and executives from companies such as Samsung C&T, STX Energy, Daesung Industrial Co. Ltd., Korea Midland Power Co., GS Global Co., LG International Corp., Hyundai Heavy Industries and Korea Kumho Petrochemical Co. Ltd. Parnell recently met with the CEO of Kogas to discuss Alaska’s role as an LNG exporter and the state’s desire to boost exports with an in-state gas pipeline. Alaska’s major oil and gas producers and TC-Alaska are working with the Alaska Pipeline Project on the commercialization of North Slope gas with a specific focus on a large-scale liquefied natural gas project in Southcentral Alaska (see Daily GPI, July 31).

FERC has issued a favorable environmental assessment (EA) of Eastern Shore Natural Gas Co.’s (ESNG) proposal to expand its pipeline system to meet the needs of its customers in the growing Delmarva Peninsula market, which includes most of Delaware and portions of Maryland and Virginia.

Fort Worth, TX-based Quicksilver Resources Inc. provided an operational update on its recently completed well in the Delaware Basin in West Texas and the completion of an eight-well pad in the Horn River Basin in British Columbia (BC).

A group of companies in Ohio that raised nearly $10 million from investors for oil and natural gas development projects has filed for bankruptcy and has agreed to pay the U.S. Securities and Exchange Commission (SEC) a $4.5 million judgment.

Access Midstream Partners LP, formerly Chesapeake Midstream Partners LP, reported that net income jumped more than 25% year/year in part because of increased business in the Marcellus and Barnett shales.

Officials with Whiting Petroleum Corp. said the company is poised to meet its production guidance for the year, with increased drilling in emerging shale plays and a slight increase in capital expenditures (capex).

The House Natural Resources Committee is scheduled to meet Wednesday to consider whether to subpoena five Interior Department officials to appear before the panel to respond to questions about the Obama administration’s actions leading up to a moratorium on drilling in the Gulf of Mexico (GOM) in May 2010.

Officials with Whiting Petroleum Corp. said the company is poised to meet its production guidance for the year, with increased drilling in emerging shale plays and a slight increase in capital expenditures (capex).

In a landmark agreement announced Thursday, a drilling unit of Chesapeake Energy Corp. will allow more than 4,400 New York landowners locked into natural gas leases the opportunity to renegotiate their contracts, said New York Attorney General Eric T. Schneiderman.