Suddenly

Randy Eresman, who has led Encana Corp. since 2006, suddenly resigned on Friday, fueling speculation about whether he jumped or was pushed out of the boardroom.

There will be no quick replacement for Tom Doll, who resigned as Wyoming Oil and Gas Supervisor suddenly last week (see Shale Daily, June 18), according to a spokesperson for Gov. Matt Mead. The governor and the state’s Oil and Gas Conservation Commission are working out the details of the search for a replacement, the spokesperson told NGI’s Shale Daily.

Wyoming Oil and Gas Supervisor Tom Doll suddenly resigned Thursday, Gov. Matt Mead’s office announced late in the day. The resignation came a little more than a week after Doll publicly lambasted the federal Environmental Protection Agency (EPA) for its handling of the well water and natural gas drilling case near Pavillion, WY, that has evolved into lingering state-federal issue.

Modest warming trends, several of which would be under way as early as Wednesday, proved to be no deterrent to a suddenly gangbusters cash market. Getting an extra boost from the previous day’s screen uptick of 22.2 cents, all points were involved in large increases Tuesday.

The odds that had once favored a spring natural gas “mega-glut” have suddenly dropped to zero, and the late surge of extreme cold weather will impact North American gas markets through most of the year, Stephen Smith Energy Associates said last week.

The odds that had once favored a spring natural gas “mega-glut” have suddenly dropped to zero, and the late surge of extreme cold weather will impact North American gas markets through most of the year, Stephen Smith Energy Associates said Wednesday.

The U.S. Navy, having suddenly discovered that LNG cargoes might be traversing their torpedo testing grounds, last week joined the growing chorus of parties asking FERC to reconsider its decision last month to approve the controversial Weaver’s Cove LNG import terminal project in Fall River, MA.

The U.S. Navy, having suddenly discovered that LNG cargoes might be traversing their torpedo testing grounds, has joined the growing chorus of parties asking FERC to reconsider its decision last month to approve the controversial Weaver’s Cove LNG import terminal project in Fall River, MA.

With gas prices suddenly peeking over $7.00 only a few days after falling near the $6.00 mark, Huntsman Chemical CEO Peter Huntsman once again found an opportunity to rail against futures speculators on the New York Mercantile Exchange (Nymex) and the exchange’s own flawed trading rules for high and volatile natural gas prices.