Pennaco

Shale Gas Growth Cited in Wyoming CBM Plant Closing

Shale Gas Growth Cited in Wyoming CBM Plant Closing

Eastern shale gas production growth has trumped Wyoming Powder River Basin (PRB) coalbed methane (CBM) as Calgary-based global energy processor Enerflex Ltd. said Thursday it is closing its Casper natural gas compression and processing plant, affecting 89 workers.

June 17, 2013

Antero’s Marcellus-Focused Output Triples

Antero Resources LLC, the Appalachian Basin-focused powerhouse powered by private equity giant Warburg Pincus, said Monday net production in 1Q2013 jumped 114% year/year and increased 21% sequentially, primarily driven by 24 new wells brought online in the Marcellus Shale.

May 14, 2013

PRB Energy Acquires Pennaco CBM Wells

PRB Energy Inc. of Denver acquired about 630 coal bed methane wells on 29,500 acres from Pennaco Energy Inc., also of Denver. PRB is the principal gatherer serving the wells.

July 6, 2006