Promise

SandRidge Energy Inc.’s revamped board of directors is making good on its promise to review the company’s strategy and costs — including a potential decrease in rig count — and allegations made against embattled CEO Tom Ward by hedge fund TPG-Axon Capital.

SandRidge Energy Inc.’s revamped board of directors is making good on its promise to review the company’s strategy and costs — including a potential decrease in rig count — and allegations made against embattled CEO Tom Ward by hedge fund TPG-Axon Capital.

The promise of production from seven “exceptional” wells brought online in January in Pennsylvania’s Marcellus Shale and continuing additions to its pipeline business paint an expanding future for National Fuel Gas Co. (NFG) in 2013, CEO Dave Smith said during a conference call with analysts.

Following up on President Obama’s promise to support domestic energy, the administration on Thursday said the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold consolidated Central Gulf of Mexico (GOM) Lease Sale 216/222 in New Orleans on June 20.

Following up on President Obama’s promise to support domestic energy, the administration on Thursday said the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold consolidated Central Gulf of Mexico (GOM) Lease Sale 216/222 in New Orleans on June 20.

Nexen Inc. has made good on a promise to find a joint venture (JV) partner by the end of this year for its extensive shale acreage in northeastern British Columbia (BC) after agreeing to sell a 40% stake for C$700 million to a consortium led by Japan’s Inpex Corp.

The United States is the undisputed leader in the development of unconventional natural gas resources. However, much of the rest of the world is on to the shale gas promise and will soon be exploiting its reserves, according to a new analysis by Douglas-Westwood.

The United States is the undisputed leader in the development of unconventional natural gas resources. However, much of the rest of the world is on to the shale gas promise and will soon be exploiting its reserves, according to a new analysis by Douglas-Westwood.

The promise that shale natural gas holds to transform Ohio’s economy — and that of the nation — is too great to dismiss because of “misconceptions” about hydraulic fracturing (fracking), Gov. John Kasich said Thursday.