Memorandum

Furthering its plans to acquire approximately 3,650 net acres of Marcellus Shale leasehold, Westmont Resources Inc. on Friday said it has signed a memorandum of understanding for the acquisition of a 252-acre oil and gas leasehold in Pennsylvania’s southwest tier.

Targa Resources Partners has signed a nonbinding memorandum of understanding (MOU) for development of a pipeline to transport y-grade natural gas liquids (NGL) from processing facilities in the Eagle Ford Shale to Mont Belvieu, TX, and a new fractionation train at the Targa-operated Cedar Bayou fractionation facility (CBF).

The U.S. State Department signed a memorandum of understanding (MOU) with India’s Ministry of Petroleum and Natural Gas that will allow the two countries to share technical expertise on shale gas resources. Preliminary estimates by India’s Association of Petroleum Geologists indicate that India’s shale gas reserves may be larger than its proven conventional gas deposits. The MOU would help India assess its shale gas resources and help to train Indian personnel. As part of the agreement, the U.S. Geological Survey plans to study India’s shale gas resources. The United States also would help India prepare for its first shale gas auction, which is scheduled to be held by the end of 2011.

An El Paso Corp. subsidiary and Spectra Energy Corp. have executed a memorandum of understanding to jointly develop the proposed Marcellus Ethane Pipeline System (MEPS) project.

Questar Corp. subsidiary Questar Transportation Services Co. (QTS) and Applied LNG Technologies LLC (ALT) last week signed a memorandum of understanding (MOU) to jointly look for new liquefied natural gas (LNG) market opportunities in the Rockies.

Questar Corp. subsidiary Questar Transportation Services Co. (QTS) and Applied LNG Technologies LLC (ALT) late Wednesday signed a memorandum of understanding (MOU) to jointly explore new market opportunities for liquefied natural gas (LNG) in the Rockies.

Encana Corp. and China National Petroleum Corp. (CNPC) late Thursday signed a memorandum of understanding (MOU), or heads of agreement, outlining a framework for the two companies to negotiate a potential joint venture investment to develop Encana’s natural gas plays in northeast British Columbia.

A major retail gas provider of Hawaii, The Gas Company LLC (TGC), said Monday it has signed a memorandum of understanding (MOU) with California-based Primoris Renewables to jointly develop the production of up to half the utility’s synthetic gas supplies from renewable resources in the next five years. Both companies said they intend for the MOU to lead to a joint development agreement.

Apache Corp. may supply natural gas to Kitimat LNG Inc.’s proposed liquefied natural gas (LNG) export terminal in Kitimat, BC, the terminal developer said Monday.