Resources

Exco Resources Inc. is paying Chesapeake Energy Corp. $1 billion for something wet and something dry: about 55,000 acres in the liquids-rich Eagle Ford Shale of Texas and about 9,600 acres in the drier Haynesville Shale in North Louisiana.

GreenHunter Water LLC has begun to process complex oilfield waste streams at its bulk storage and barge transloading terminal in New Matamoras, OH, the GreenHunter Resources Inc. subsidiary said Friday.

A decision by the Ohio Department of Natural Resources (ODNR) that D&L Energy Inc. cannot keep its injection well permits and must properly dispose stored material has been upheld by the Ohio Oil and Gas Commission.

Following key pipeline infrastructure upgrades over the past two years, MDU Resources Inc.’s Boise, ID-based Intermountain Gas Co. has told Idaho state regulators it should be able to serve the natural gas needs of the southern part of the state without any significant new capital projects during the next five years.

A coalition of conservation groups led by Natural Resources Defense Council (NRDC) has inked a settlement agreement with the Interior Department and the oil and natural gas industry that would restrict seismic testing in certain parts of the Gulf of Mexico (GOM) over the next two and a half years to protect whales and dolphins from high-intensity airguns that are are used to find oil and gas deep underneath the ocean floor.

A coalition of conservation groups led by Natural Resources Defense Council (NRDC) has inked a settlement agreement with the Interior Department and the oil and natural gas industry that would restrict seismic testing in certain parts of the Gulf of Mexico (GOM) over the next two and a half years to protect whales and dolphins from high-intensity airguns that are are used to find oil and gas deep underneath the ocean floor.

Sen. Lisa Murkowski of Alaska, the ranking Republican on the Senate Energy and Natural Resources Committee, Tuesday took a swipe at the Environmental Protection Agency (EPA), which has long been a favorite whipping boy among Capitol Hill Republicans.

Pennsylvania Gov. Tom Corbett fired Department of Conservation and Natural Resources (DCNR) Secretary Richard Allan on Thursday after he reportedly used offensive language in email messages, disparaging another government employee.

Privately held Antero Resources Corp., which has all of its chips in the Appalachian Basin, plans to raise $1 billion through an initial public offering (IPO) of some of its stock on the New York Stock Exchange, it said in a filing with the Securities and Exchange Commission (SEC). The operator also has increased capital spending plans for the year.