Renewing

Devon to Launch Natural Gas MLP

Devon Energy Corp. is renewing long-pursued efforts to form a midstream master limited partnership (MLP) to hold some of its natural gas gathering and processing assets in Texas, Oklahoma and Wyoming.

June 7, 2013

XTO Energy ‘Delays’ Dallas Drilling Fight

Less than a month after renewing its fight for the right to drill its leases at Hensley Field in southwest Dallas, ExxonMobil Corp.’s XTO Energy told the Dallas City Planning Commission to strike its request for specific use permits from the agenda for its Dec. 20 meeting.

December 10, 2012

XTO ‘Delays’ Dallas Drilling Fight

Less than a month after renewing its fight for the right to drill its leases at in southwest Dallas, ExxonMobil Corp.’s XTO Energy told the Dallas City Planning Commission to strike its request for specific use permits from the agenda for its Dec. 20 meeting.

December 10, 2012

First Nation Chiefs Threaten to Cancel Gas Leases Without Royalty Payments

Canada’s Stoney First Nation chiefs threatened Tuesday to stop renewing leases for oil and gas companies that operate on their lands unless a Canadian agency collects from the companies more than C$10 million (US$6.4 million) they allege their tribes are owed in royalties. The gas-rich fields located on the Stoney lands include Shell Canada’s Jumping Pound field and the Wildcat Hills field of Petro-Canada. Both companies said Tuesday they would pay their share of royalties, but want the government to resolve the issue.

May 6, 2002