Exco Resources Inc. is back in the acquisition game after having struck a $1 billion deal with Chesapeake Energy Corp. last week, CEO Douglas Miller said Monday. There are plenty of deals, and financing is available, he told analysts following the company.
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Articles from Sitting
Most Challenges, Promise in Northeast, Says Williams Exec
No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now “four years into a 50-year play,” but ensuring that there’s enough infrastructure for adequate takeaway will take some time, a top Williams executive said last week.
Former Governor Urges Pennsylvania to ‘Embrace’ Shale Gas
Natural gas from the Marcellus Shale could be the answer to Pennsylvania’s energy problems, “should we choose to embrace it,” according to former Gov. Ed Rendell.
Shell Eyes Gas Exports, GTL Facilities
Royal Dutch Shell plc won’t be sitting on the sidelines as others attempt to turn North America into a liquefied natural gas (LNG) exporting hub, CFO Simon Henry said Thursday. Shell not only plans to join a growing list of competitors, but it also is considering projects to turn natural gas into motor fuels and chemicals, he said.
Shell Eyes North American Gas Exports, GTL Facilities
Royal Dutch Shell plc won’t be sitting on the sidelines as others attempt to turn North America into a liquefied natural gas (LNG) exporting hub, CFO Simon Henry said Thursday. Shell not only plans to join a growing list of competitors, but it also is considering projects to turn natural gas into motor fuels and chemicals, he said.
Time to Speak on Texas Frack Rule Is Now
A proposed rule in Texas to require public disclosure of hydraulic fracturing (fracking) fluid contents was approved for publication Monday by the Railroad Commission of Texas (RRC).
Below the Marcellus Shale: Exploring the Utica
If recently announced drilling programs are any indication, 2011 could be the biggest year to date for Utica Shale exploration.
Below the Marcellus Shale: Exploring the Utica
If recently announced drilling programs are any indication, 2011 could be the biggest year to date for Utica Shale exploration.
Avista Sits on Record Snow Pack; Hydro to Displace Gas
Spokane, WA-based Avista Corp. is sitting atop snowpack and water levels more than 150% of normal, setting up the prospect for abundant hydroelectric supplies and less-than-normal natural gas-fired electric generation for its combination utility Avista Utilities. As a result, revenues were up and fuel costs down for the first quarter, Avista reported in a quarterly earnings conference call last Friday.
Marcellus Shale Coalition Polishing Gas Industry’s Image
The natural gas industry needs to improve its image in Pennsylvania, and sitting down with elected officials and environmental leaders might be the best way to begin that process, according to former Gov. Tom Ridge, now a strategic adviser for the Marcellus Shale Coalition (MSC).