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Puts

Gasland II Seen as Anti-Drilling Propaganda

A follow-up documentary on natural gas drilling by propagandist Josh Fox premiered on HBO Monday night, offering some half-truths and outright distortions about the oil and gas industry and on President Obama’s energy policies.

July 10, 2013

Chesapeake Jettisons More Pennsylvania Acreage to EQT

Chesapeake Energy Corp. on Friday agreed to sell an estimated 99,000 net acres in southwestern Pennsylvania, including 10 wells, to EQT Corp. for $113 million, which puts the sale price at roughly $876/acre.

May 6, 2013
Encana, PetroChina Strike Partnership in Duvernay Shale

Encana, PetroChina Strike Partnership in Duvernay Shale

Encana Corp. on Thursday struck a C$2.18 billion joint venture (JV) agreement to explore and develop close to half a million acres of its leasehold in the Duvernay Shale with a subsidiary of PetroChina International Ltd.

December 17, 2012

GOM Deepwater Sights ‘New Equilibrium’ in 2013

The strong resurgence in exploration and production (E&P) activity in the deepwater Gulf of Mexico (GOM) puts the offshore region well on its way to a “new equilibrium” in 2013, according to Wood Mackenzie.

October 8, 2012

GOM’s Deepwater Sights ‘New Equilibrium’ in 2013

The strong resurgence in exploration and production (E&P) activity in the deepwater Gulf of Mexico (GOM) puts the offshore region well on its way to a “new equilibrium” in 2013, according to new research by Wood Mackenzie.

October 4, 2012

Investors Rally for Bargain Buy in the Barnett

Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.

March 19, 2012

Pennsylvania Township Wants Ballot Question Removed

A Pennsylvania township has filed lawsuit against its county board of elections, arguing that a referendum put forth by an environmental group that would ban hydraulic fracturing (fracking) in the township violates several state laws and could expose the municipality to legal action by the industry and others.

September 15, 2011

QOGA President Welcomes Quebec Shale Report

Former Quebec Premier Lucien Bouchard, who now serves as president of the Quebec Oil and Gas Association (QOGA), said the organization welcomed the provincial government’s response to a report on hydraulic fracturing (hydrofracking) in the Utica Shale play.

March 17, 2011

XTO Buys Petrohawk Fayetteville Assets

Petrohawk Energy Corp. has sold its natural gas assets in the Fayetteville Shale to XTO Energy Inc., a subsidiary of ExxonMobil Corp., for $575 million, the company said. The deal puts ExxonMobil at No. 2 in the Fayetteville leaseholder pack.

January 3, 2011

XTO Buys Petrohawk Fayetteville Assets

ExxonMobil Corp. unit XTO Energy Inc. is picking up the Fayetteville Shale natural gas assets of Petrohawk Energy Corp. for $575 million. The deal puts ExxonMobil at No. 2 in the Fayetteville leaseholder pack.

December 27, 2010
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