Successful

Magnum Hunter Resources Corp. subsidiary Triad Hunter LLC is acquiring oil and gas properties and leasehold mineral interests in Wetzel and Lewis counties, WV, in the Marcellus Shale from Oklahoma City-based PostRock Energy Corp.

Mainland Resources Inc. is poking around in a portion of the Haynesville Shale in Mississippi that has been largely unexplored. The Houston-based independent said Thursday its Burkley-Phillips No. 1 well on the Buena Vista prospect in Jefferson County has penetrated the top of the target Haynesville at a depth of 19,980 feet.

Except for an enclave of still-rising points in the New England market, the latest cold spell wasn’t any more successful in sustaining a price rally than others in recent weeks have been. Modest warming trends in the Midwest and lower Northeast/Mid-Atlantic, along with a plunge of 20.6 cents by December futures a day earlier, pushed a large majority of points lower by double-digit amounts Tuesday.

Successful drilling results in the Eagle Ford Shale of South Texas will lead to more spending in the play through the rest of the year, ConocoPhillips executives said last week.

Successful drilling results in the Eagle Ford Shale of South Texas led ConocoPhillips to increase its spending in the play through the rest of the year, the Houston-based major said Wednesday.

Industry analysts following flows of liquefied natural gas (LNG) will be drawing another arrow on their maps if Cheniere Energy Partners LP (Cheniere) is successful in a bid to add liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, LA.

Industry analysts following flows of liquefied natural gas (LNG) will be drawing another arrow on their maps if Cheniere Energy Partners LP (Cheniere) is successful in a bid to add liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, LA.

Apache Corp. is off to “fast start” in 2010 with eight consecutive successful wells in the Gulf of Mexico and plans in place to begin developing some of its big prospects onshore in North America, CEO G. Steven Farris said Thursday.

The hunt is on for shale gas in Europe and it’s likely to be successful with a “substantial impact on global gas markets,” according to a recent analyst’s report. That impact could come as early as 2015.