Upstart

Eclipse Doubling Down in Utica Shale

Eclipse Doubling Down in Utica Shale

Two-year-old Appalachia-based upstart Eclipse Resources I LP, under the management of several shale veterans, has more than doubled its holdings in the Utica Shale in a deal to acquire Oxford Oil Co. LLC, and with it 184,000 net acres and 13.8 Bcfe of proved developed producing reserves.

July 1, 2013

Halcon Sees Output More Than Doubling in 2013

Upstart onshore operator Halcon Resources Corp. expects to produce 17,000-20,000 boe/d in the final three months of this year and should produce 40,000-45,000 boe/d in 2013, management said Thursday.

November 9, 2012
Sidewinder Snags Unconventional Rig Operator

Sidewinder Snags Unconventional Rig Operator

Sidewinder Drilling Inc., a privately held upstart that’s been in the unconventional drilling game for a little more than a year, on Tuesday said it had a $242 million definitive offer on the table for Fort Worth, TX-based Union Drilling Inc., which operates across the U.S. onshore.

September 26, 2012

Alaska-Style Revenue Distribution Proposed in Alberta

Alberta’s upstart Wildrose Alliance party thinks it has a winner in the April 23 provincial elections, promising that each of the 3.8 million men, women and children who live in Alberta will receive direct annual payments by 2015 of $300-400, or a total of $1.10-1.5 billion of the expected $10 billion in oilsands royalty revenue.

April 16, 2012

Alaska-Style Revenue Distribution Proposed in Alberta

Alberta’s upstart Wildrose Alliance party thinks it has a winner in the April 23 provincial elections, promising that each of the 3.8 million men, women and children who live in Alberta will receive direct annual payments by 2015 of $300-400, or a total of $1.10-1.5 billion of the expected $10 billion in oilsands royalty revenue.

April 16, 2012

Ultra Sees Steady Increase in Production from Wyoming Fields

Upstart independent Ultra Petroleum, which has steadily grown its natural gas reserves more than 24-fold in Wyoming in the past five years, expects to see a 37% increase in output this year in the prolific Pinedale Anticline and Jonah fields, the CEO said last week.

April 25, 2005

Ultra Sees Steady Increase in Production from Wyoming Fields

Upstart independent Ultra Petroleum, which has steadily grown its natural gas reserves more than 24-fold in Wyoming in the past five years, expects to see a 37% increase in output this year in the prolific Pinedale Anticline and Jonah fields, the CEO said Tuesday.

April 20, 2005

Arctic Resources Gains Key Aboriginal Support for Northern Pipe

Arctic Resources Co., the upstart that only last year entered the myriad of pipeline proposals to move northern gas into the Lower 48, moved a few steps closer to fulfilling its dream of building a pipeline from Alaska’s Prudhoe Bay to Edmonton, AB, last week by earning the endorsement of key Canadian aboriginal leaders.

July 2, 2001

Arctic Resources Gains Key Aboriginal Support for Northern Pipe

Arctic Resources Co., the upstart that only last year entered the myriad of pipeline proposals to move northern gas into the Lower 48, moved a few steps closer to fulfilling its dream of building a pipeline from Alaska’s Prudhoe Bay to Edmonton last week by earning the endorsement of key Canadian aboriginal leaders.

July 2, 2001