Unacceptable

Energy Independence in Sight, Says Chesapeake’s Dunham

With the “right kind of leadership” and regulatory environment, the United States could be just 10 years from achieving energy independence, Chesapeake Energy Corp.’s nonexecutive Chairman Archie Dunham said Friday.

June 17, 2013

Maryland Panel Recommends State-Level Severance Tax

An advisory panel formed by Maryland Gov. Martin O’Malley will recommend that the state’s General Assembly impose a severance tax on natural gas production and a fee on gas leases, with the resulting revenue to be dedicated “to address impacts of gas exploration and production on the environment and natural resources” and to fund studies of issues related to the Marcellus Shale, according to a draft report by the state’s Marcellus Shale Safe Drilling Commission.

December 14, 2011

Trading Rules Action Urged to Avert New Crisis

While corporate America is objecting to the costs of a new regulatory regime and central clearing for financial commodities products, the alternative is unacceptable. In the current financial crisis “all the American people are paying the price for it, not just those who instigated the problem,” a derivatives market expert told a House committee hearing Thursday.

September 21, 2009

Trading Rules Action Urged to Avert New Crisis

While corporate America is objecting to the costs of a new regulatory regime and central clearing for financial commodities products, the alternative is unacceptable. In the current financial crisis “all the American people are paying the price for it, not just those who instigated the problem,” a derivatives market expert told a House committee hearing Thursday.

September 21, 2009

Transportation Notes

Saying it was to insure that operating pressures do not increase to unacceptable levels, Sea Robin Pipeline issued an OFO, effective Saturday until further notice, for all offshore receipt points. “Shippers are required to verify receipt point nominations and flow rates with their proposed receipt point operator prior to nomination on Sea Robin, as well as maintain balanced receipt and delivery nominations,” Sea Robin said. It also noted that the Hess Corp.-operated Sea Robin Gas Processing Plant was expected to remain shut in through Sunday and that Hess will provide an update on operations Monday morning.

May 19, 2008

Ranger Oil Board Backs C$1.6B Bid by Canadian Natural

Ranger Oil Ltd.’s board of directors announced last week thatafter almost three months of unacceptable bids it’s ready to make arecommendation to its shareholders to sell all outstanding sharesto another Calgary-based producer, Canadian Natural Resources Ltd(CNRL).

June 19, 2000

CNRL Offers C$1.6B for Ranger

Ranger Oil Ltd.’s board of directors has announced that afteralmost three months of unacceptable bids, it is ready to make arecommendation to its shareholders to sell all of its outstandingshares to another Calgary-based producer. Canadian NaturalResources Ltd. made an offer that Ranger’s board of directors couldnot refuse.

June 16, 2000