Quest

Quest Resource Corp. (QRCP) has been granted its request to continue to be listed on NASDAQ subject to the condition that it file by Aug. 15 its required quarterly reports on Form 10-Q for 3Q2008, 1Q2009 and any required restatements. The exploration and production company and its related partnerships, which are based in Oklahoma City, have agreed to merge and form a publicly traded corporation (see Daily GPI, July 7). The entities have been rocked by scandal in the past year after the former CEO and former CFO allegedly siphoned millions of dollars from the company (see Daily GPI, June 18).

Williams is continuing its quest to expand operations in the Marcellus Shale after agreeing last week to jointly develop a natural gas leasehold with Rex Energy Corp.

Williams is continuing its quest to expand operations in the Marcellus Shale by agreeing to jointly develop a natural gas leasehold with Rex Energy Corp.

Elected northern Canadian leaders have thrown cold water on the latest initiative in a decades-old industry quest for a clear regulatory path toward opening the Northwest Territories (NWT) to natural gas development at a businesslike pace.

Elected northern Canadian leaders have thrown cold water on the latest initiative in a decades-old industry quest for a clear regulatory path toward opening the Northwest Territories (NWT) to natural gas development at a businesslike pace.

Major and independent producers are on track to spend a record amount of money this year lobbying Congress in their quest to block unfavorable legislation and to open up more offshore and onshore lands to oil and natural gas exploration and production.

XTO Energy Inc. is taking no prisoners in its quest for more oil and natural gas reserves. The independent, which already this year has announced more than $4 billion in U.S. acquisitions, last week bagged privately held Hunt Petroleum Corp. in a $4.186 billion deal.

XTO Energy Inc. is taking no prisoners in its quest for more oil and natural gas reserves. The independent, which this year alone has already announced more than $4 billion in U.S. acquisitions, agreed Tuesday to pay $4.186 billion for privately held Hunt Petroleum Corp.

Oil and natural gas producers operating in the Gulf of Mexico (GOM) are going “further out and further down” in their quest to secure new energy reserves, a journey fueled by technology, the Minerals Management Service (MMS) director said last week.