Prospects

Sempra Reports First LNG Profits; Predicts More in 2010

For the first time, San Diego-based Sempra Energy reported Thursday that its liquefied natural gas (LNG) business unit was in the black at the end of 2009, and the prospects are good for substantially greater profits this year from its Energia Costa Azul LNG terminal along the North Baja California Pacific Coast in Mexico and at Cameron along the Louisiana Gulf of Mexico coast.

March 1, 2010

Range Resources Marcellus Output May Double in 2010

It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said last week.

March 1, 2010

Plains Exploration Raises Spending on Increased Drilling

Plains Exploration & Production Co. (PXP) Thursday raised its capital budget to $1.2 billion, up from a previous plan of $900 million to $1.1 billion, to develop a plethora of natural gas and oil prospects both onshore and offshore.

February 26, 2010

Plains Exploration Raises Spending on Increased Drilling

Plains Exploration & Production Co. (PXP) Thursday raised its capital budget to $1.2 billion, up from a previous plan of $900 million to $1.1 billion, to develop a plethora of natural gas and oil prospects both onshore and offshore.

February 26, 2010

Range Resources Output in Marcellus Shale Exceeds 115 MMcfe/d

It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said Wednesday.

February 25, 2010

Range Resources Output in Marcellus Shale Exceeds 115 MMcfe/d

It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said Wednesday.

February 25, 2010

Petrohawk to Sell $1B of Assets to Fund Shale Program

Petrohawk Energy Corp. expects to sell “at least $1 billion” in assets in 2010 to help fund its onshore natural gas prospects, which include the Haynesville and Eagle Ford shale, CEO Floyd C. Wilson said Thursday.

November 9, 2009

Petrohawk to Sell $1B of Assets to Fund Shale Program

Petrohawk Energy Corp. expects to sell “at least $1 billion” in assets in 2010 to help fund its onshore natural gas prospects, which include the Haynesville and Eagle Ford shale, CEO Floyd C. Wilson said last week.

November 9, 2009

Prospects Dim for Climate Change Legislation

The prospects for passing comprehensive climate change legislation this year appeared to dim last Tuesday after Senate Majority Leader Harry Reid (R-NV) suggested in comments that some of the work before Congress may be put on hold until 2010.

September 21, 2009

Prospects Appear to Dim for Climate Change Legislation

The prospects for passing comprehensive climate change legislation this year appeared to dim Tuesday after Senate Majority Leader Harry Reid (R-NV) suggested in comments that some of the work before Congress may be put on hold until 2010.

September 17, 2009
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