Officer

People

Thomas F. Darden has retired from the Quicksilver Resources Inc. board chairmanship and from his officer position effective Wednesday, the company said. He will remain on the board as a director and chairman emeritus and will continue to work for Quicksilver through the end of the year. He will be focused on pursuing a joint venture in British Columbia’s Horn River Basin, something that the Fort Worth, TX-based company has sought for some time (see Shale Daily, May 8). Darden is to retire from Quicksilver on Dec. 31 but will continue to advise the company on the Horn River development and other projects, the company said. W. Yandell Rogers was elected chairman Wednesday. He has served as an independent director since March 1999.

May 17, 2013

People

National Grid US named John Donleavy chief operating officer covering natural gas and electric utility operations in New York, Massachusetts and Rhode Island, according to National Grid US President Tom King. Donleavy is the former CEO of Vermont Electric Co. King credited Donleavy with leading an enterprise-wide business process transformation and the largest capital infrastructure construction program in the company’s and Vermont’s history. Reporting to King, Donleavy will oversee all aspects of National Grid’s operations in the United States, including gas and power transmission/distribution systems, generation, liquefied natural gas control center operations, emergency planning and a variety of operating, safety and environmental programs.

April 2, 2013

Chesapeake Creates Oilfield Services Unit

Chesapeake Energy Corp. has named a former Boots & Coots executive to lead a newly created oilfield services unit that will house the producer’s growing business and complement its massive U.S. drilling program.

September 20, 2011

MicroSeismic, NSI to Collaborate on Fracking Technology

Two technology firms on Thursday partnered to create an engineering and geoscience “solution” to allow unconventional oil and gas operators to incorporate microseismic data and hydraulic fracturing designs to help them model their well fractures.

September 16, 2011

Chesapeake CFO to Head Fracking Company

Chesapeake Energy Corp.’s original chief financial officer is resigning to run a hydraulic fracturing services company in which the producer holds a 26% stake.

October 14, 2010

UNG Could Be Exerting Upward Pressure on Gas Prices, Analysts Say

Following a meeting with the chief investment officer for the United States Natural Gas Fund LP (UNG), a team of analysts with Citi Investment Research & Analysis said due to the fund’s rapid growth and significant size, it could be “propping up” front month natural gas prices at the indirect expense of the back end of the natural gas 12-month strip.

June 29, 2009

UNG Could Be Exerting Upward Pressure on Gas Prices, Analysts Say

Following a meeting with the chief investment officer for the United States Natural Gas Fund LP (UNG), a team of analysts with Citi Investment Research & Analysis said due to the fund’s rapid growth and significant size, it could be “propping up” front month natural gas prices at the indirect expense of the back end of the natural gas 12-month strip.

June 29, 2009

Enron’s Causey Begins Prison Sentence

Richard A. Causey, 46, Enron Corp.’s former chief accounting officer, last week began serving a five-and-a-half-year prison sentence in Texas for his role in the fraud schemes that brought down the company.

January 8, 2007

Enron’s Causey Begins Prison Sentence

Richard A. Causey, 46, Enron Corp.’s former chief accounting officer, has begun serving a five-and-a-half-year prison sentence in Texas for his role in the fraud schemes that brought down the company.

January 4, 2007

Enron’s Former Chief Accountant Said To Be Considering Plea Agreement

With just three weeks remaining before three of the top ex-Enron Corp. executives go to trial, former Chief Accounting Officer Richard Causey is said to be nearing a plea deal with federal officials. If an agreement is reached, Causey’s knowledge could prove deadly to the other two defendants: former Chairman Kenneth Lay and former CEO Jeffrey Skilling.

December 28, 2005
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