Purchase

Calgary-based Enerplus Corp. is selling a portion of its Marcellus Shale interests in Pennsylvania, Maryland and West Virginia to an undisclosed buyer for US$575 million.

Three of Japan’s largest utilities have joined a Mitsubishi Corp.-led consortium to partner in Penn West Exploration’s shale gas project in northeastern British Columbia (BC).

Shale gas plays and significant technological advances that allow their development helped drive the latest assessment of U.S. natural gas reserves by the Potential Gas Committee (PGC) to a new high.

Chevron Corp., which opened its wallet in a big way last fall with its nearly $5 billion purchase of U.S. shale producer Atlas Energy Inc., sees natural gas as the highway to the future. And it’s banking on it.

Chevron Corp., which opened its wallet in a big way last fall with its nearly $5 billion purchase of U.S. shale producer Atlas Energy Inc., sees natural gas as the highway to the future. And it’s banking on it.

Seal Beach, CA-based Clean Energy Fuels Corp. has made two deals to expand its market reach nationally, entering a securities purchase agreement to acquire fueling technology provider Wyoming Northstar Inc. for $10.9 million in cash, and through a subsidiary inking an agreement with a New Jersey-based alternative fuel vehicle manufacturer, Clean Vehicle Solutions LLC, to provide compressed natural gas (CNG) systems for the small vehicle makers’ products.

RAM Energy Resources Inc. has sold its North Texas Barnett Shale and Boonsville properties to Milagro Producing LLC for $43.7 million in cash, prior to adjustments.

Seal Beach, CA-based Clean Energy Fuels Corp. announced Wednesday that it has entered a securities purchase agreement to acquire fueling technology provider Wyoming Northstar Inc. for $10.9 million in cash.

Williams Partners LP grabbed more business in the Marcellus Shale late Thursday after agreeing to pay Cabot Oil & Gas Corp. $150 million for 75 miles of gathering pipelines and two compressor stations in Susquehanna County, PA.