Although it will take another year or more to fully assess the value, Rapid City, SD-based Black Hills Corp. is staking a lot of its long-term oil and natural gas value on its Mancos Shale acreage in both the Piceance and San Juan Basins, CEO David Emery said during a 3Q2012 earnings conference call Thursday.
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Articles from Staking
Shell to Focus on Liquids-Rich Assets, Leverage Gas
Royal Dutch Shell plc is joining its brethren in staking out liquids-rich shale development in North America while at the same time it works to leverage value from its extensive natural gas portfolio, executives said last week.
Futures Gain as Potentially ‘Anemic’ Storage Report Looms
After staking out a session low of $13.75 in morning trade, November natural gas futures steadily climbed for the remainder of the session Tuesday, hitting a high of $14.24 before closing at $14.224, up 20.7 cents on the day.
Multiple Large Producers Staking Out Positions, Awaiting Mackenzie Pipeline
Canadian producers are signaling the Mackenzie Gas Project will trigger a wave of northern exploration and supply development if the pipeline proposal can be steered past aboriginal land-claims and into construction.
Multiple Large Producers Staking Out Positions, Awaiting Mackenzie Pipeline
Canadian producers are signaling the Mackenzie Gas Project will trigger a wave of northern exploration and supply development if the pipeline proposal can be steered past aboriginal land-claims and into construction.
Penn West Pins ’03 Capital Budget on Exploration, Development
Staking its future growth on building natural gas reserves, Calgary-based Penn West Petroleum Ltd. has unveiled a record exploration and development program for 2003 to reflect a strong inventory of Canadian prospects and a “favorable” commodity price outlook for the year.
Alaska Gas First in Line for U.S. Markets
Not all senior natural gas producers are staking out northern exploration positions in the belief that the Canadian Arctic’s turn has come for development. Talisman Energy Inc. — formerly an affiliate to one of Alaska’s top gas owners as BP Canada until the British parent company sold it on Canadian stock exchanges in the 1990s — is staying out of the Far North gas revival.
Alaska Gas First in Line for U.S. Markets
Not all senior natural gas producers are staking out northern exploration positions in the belief that the Canadian Arctic’s turn has come for development. Talisman Energy Inc. — formerly an affiliate to one of Alaska’s top gas owners as BP Canada until the British parent company sold it on Canadian stock exchanges in the 1990s — is staying out of the Far North gas revival.
Producers Staking Out the Northwest Territories
Fresh life is being breathed into a decades-old Canadian visionof a mammoth production and pipeline project to tap Arctic naturalgas reserves. For the first time in nearly a decade, theproduction community, with help from a U.S. producer, is revivingexploration on its formerly most dramatic frontier. A Canadiangovernment auction of drilling rights drew takers for 2,934 squarekilometres (1,132 square miles) of the Mackenzie Delta-Beaufort Searegion. Initial work is expected to start within a year. TheNorthwest Territories awarded the rights as four nine-year resourcehunting licences, in exchange for C$183 million (US$122 million) inwork commitments by four producers with a penchant for chasing biggas targets.
Producers Staking Out the Northwest Territories
Fresh life is being breathed into a decades-old Canadian visionof a mammoth production and pipeline project to tap Arctic naturalgas reserves. For the first time in nearly a decade, theproduction community, with help from a U.S. producer, is revivingexploration on its formerly most dramatic frontier. A Canadiangovernment auction of drilling rights drew takers for 2,934 squarekilometers (1,132 square miles) of the Mackenzie Delta-Beaufort Searegion. Initial work is expected to start within a year. TheNorthwest Territories awarded the rights as four nine-year resourcehunting licences, in exchange for C$183 million (US$122 million) inwork commitments by four producers with a penchant for chasing biggas targets.