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British Columbia (BC) Premier Christy Clark trekked north to see new gas processing and pipeline facilities start work in the resource-rich region where Canada’s western-most province meets the Yukon and Northwest Territories.

Magnum Hunter Resources Corp. posted a 51% increase in estimated total proved reserves as of June 30 compared to the year-ago period, the shale-focused producer said.

Physical gas for weekend and Monday delivery was mostly flat in Friday’s trading with modest gains posted in the Rockies and Midcontinent. However, the real story could be found in the northeast, where large drops were recoreded for a second straight trading day.

A new investor presentation posted early Tuesday by Chesapeake Energy Corp. offered 32 pages of onshore production and financial numbers, as well as a full-page statement that opened the document with the headline, “It’s been a tough five weeks, but better days ahead.” By Tuesday afternoon the page, originally the second page of the 32-page presentation, had been deleted with no explanation.

A new investor presentation posted early Tuesday by Chesapeake Energy Corp. included a full-page statement by the company with the headline, “It’s been a tough five weeks, but better days ahead.” By Tuesday afternoon, the statement, originally the second page of the 32-page presentation, had been deleted with no explanation by the company.

The cash market gained on average 13 cents Wednesday, aided by a strong futures market and stout gains posted at Western and Gulf points. Alleviation of restrictions prompted a 50 cent-plus jump at a key Marcellus point. At the close of futures trading June had added 11.8 cents to $2.618 and July had risen by 11.9 cents to $2.687. June crude oil continued its descent, losing $1.17 to $92.81/bbl.

The Energy Information Administration (EIA) Thursday posted on its website a survey of proposed new inter- and intrastate natural gas pipeline and storage projects, which it plans to update quarterly.

Houston-based Carrizo Oil & Gas Inc. posted records during the first quarter for natural gas, natural gas liquids (NGL) and oil production as well as chart-topping revenue, largely thanks to the Eagle Ford Shale of South Texas and the Barnett Shale in North Texas. Meanwhile, Marcellus Shale activities are ramping up.

The physical market was mostly quiet Friday and posted gains of about 2 cents, but that’s only if no one counted the meteoric gains caused by weather at numerous points from the Mid-Atlantic to New England. Futures were tame by comparison and the March contract was only able to carve out a 7-cent range. At the close March was unchanged from Thursday at $2.477, which is only 2.2 cents lower than the contract’s close the previous week.