Federal and state officials concede there was a “miscommunication” between them over plans by the U.S. Bureau of Land Management (BLM) to put more than 4,000 acres of a state forest in Ohio up for oil and gas leasing, and the sale has been put on hold.
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Quest for Shale Continues to Fuel M&A Activity
Nearly half of the U.S. oil and natural gas merger and acquisition (M&A) activity during the third quarter was driven by shale plays, according to the latest survey by consultancy PwC US.
Landowners Fret Over Proposed Military Base in Eagle Ford
Landowners in the Eagle Ford shale play are worried that plans by the Texas Army National Guard to build a new training center will keep them from their mineral rights.
FERC’s Brownell Wary of Reliability Rules Getting Bogged Down by Stakeholder Vetting
Stakeholder processes have their place in certain situations, but adopting such an approach to the crafting of clear, enforceable and mandatory electric reliability rules could prove to be extremely counterproductive, FERC Commissioner Nora Brownell told an audience of state utility regulatory commissioners last Monday.
Credit Agency: Don’t Count Producers Out
After studying the financial and operational situations of 15major oil and gas producers, the international credit agency FitchIBCA recently published a report indicating the industry isrebounding from the financially depressed timeframe between 1998and early 1999, but new challenges are just around the corner.