Magnum Hunter Resources Inc. said Thursday that it has entered into a memorandum of understanding (MOU) with a group of plaintiffs who were dissatisfied with the company’s proposed merger with Cimarex Energy Co. The lawsuit was filed on Feb. 2, 2005 as a class action complaint in U.S. District Court in Clark County, NV, naming as defendants Magnum Hunter and each of its directors.
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Estimate of Alberta Producible Gas Increases 30%
Improved geological understanding and technology have generated an increase of 30% in official estimates of supplies awaiting development in the chief Canadian natural gas producing province of Alberta.
Estimate of Alberta Producible Gas Increases 30%
Improved geological understanding and technology have generated an increase of 30% in official estimates of supplies awaiting development in the chief Canadian natural gas producing province of Alberta.
Scotian Offshore Projects Now Require Single Application
New offshore energy projects developed in Nova Scotia will now operate under a more efficient approval process, following a memorandum of understanding (MOU) between the province’s energy minister and the Canadian government Friday.
Scotian Offshore Projects Now Require Single Application
New offshore energy projects developed in Nova Scotia will now operate under a more efficient approval process, following a memorandum of understanding (MOU) between the province’s energy minister and the Canadian government Friday.
New Mexico Governor Threatens Lawsuit over BLM Drilling Plan
New Mexico Gov. Bill Richardson has appealed a decision by the Bureau of Land Management (BLM) to allow oil and gas drilling on the state’s Otero Mesa desert, which he said would impact groundwater and grassland. If the plan is not scrubbed, he said the state will consider legal action.
California Gas Restructuring Study Begins With Expectations, Endless Questions
At the outset, the only clear understanding of California’s prospective two-phase 2004 restructuring of its natural gas market is that nothing is clear.
MMS, Louisiana Sign Royalty In-Kind Pact
The Department of the Interior’s Minerals Management Service and the state of Louisiana signed a memorandum of understanding Friday to jointly implement a royalty-in-kind (RIK) pilot program for federal oil and gas leases located in the 8(g) zone offshore Louisiana. The pilot program also may potentially include state oil and gas leases if the state so decides.
MMS, Louisiana Sign Royalty In-Kind Pact
The Department of the Interior’s Minerals Management Service and the state of Louisiana signed a memorandum of understanding Friday to jointly implement a royalty-in-kind (RIK) pilot program for federal oil and gas leases located in the 8(g) zone offshore Louisiana. The pilot program also may potentially include state oil and gas leases if the state so decides.
Sempra Energy Inks MOU for Bolivian LNG
Sempra Energy and Pacific LNG, a consortium of Repsol YPF, BG Bolivia Corp. and Pan American Energy LLC, last week inked a memorandum of understanding to enter into exclusive negotiations for a baseload supply of liquefied natural gas (LNG) from Bolivia to meet growing markets in northwestern Mexico and Southern California.