With the clock running out on an A45 cents/share takeover offer from Aurora Oil & Gas Ltd., directors of Eureka Energy, are being coy, advising investors to sit tight until its June 15 expiration “as there is the potential for important developments.” Indeed, it was reported that privately held Lonestar Resources Inc. had made a competing offer that would be considered over the weekend.
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Articles from Watch
IHS CERAWeek: LNG Changes ‘Startling’
The global liquefied natural gas (LNG) arena offers plenty to watch: Growing supplies in Australia coupled with growing demand from traditional and emerging Asian markets, for instance. But “one of the most startling developments” is what is happening in North America, Vinson & Elkins energy lawyer Jay Cuclis told a Houston audience last week.
March 12, 2012
IHS CERAWeek: LNG: It’s Still Here, But Different
The global liquefied natural gas (LNG) arena offers plenty to watch: Growing supplies in Australia coupled with growing demand from traditional and emerging Asian markets, for instance. But “one of the most startling developments” is what is happening in North America, Vinson & Elkins energy lawyer Jay Cuclis told a Houston audience Wednesday.
March 8, 2012
Marcellus ‘Only Basin’ to Drill Dry Gas Today, Says Analyst
The Marcellus Shale is the “best gas play” in the United States and at current price levels, “the only basin where dry gas should be drilled,” analysts with Tudor, Pickering, Holt & Co. (TPH) advised in a new report.
January 17, 2012
‘Watch the Rigs,’ Says Marcellus Coalition Chief
Pennsylvania policymakers should “watch the rigs” as they make decisions, Marcellus Shale Coalition (MSC) President Kathryn Klaber told a Pittsburgh audience last Thursday.
October 10, 2011
Pennsylvania Must Relieve Uncertainty, Klaber Says
Pennsylvania policymakers should “watch the rigs” as they make decisions, Marcellus Shale Coalition (MSC) President Kathryn Klaber told a Pittsburgh audience Thursday.
October 7, 2011
Administration’s Fracking Advisory Panel Under More Fire
The number of parties unhappy with the low level of industry representation on President Obama’s new hydraulic fracturing (fracking) advisory panel continues to grow as answers are sought and questions surrounding the Department of Energy’s (DOE) motives arise.
June 21, 2011
Chesapeake to Shed Fayetteville, Other Assets
Chesapeake Energy Corp. said Monday it plans to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings LLC and privately held Chaparral Energy Inc. Pre-tax proceeds could exceed $5 billion, the Oklahoma City-based company said.
February 8, 2011
Chesapeake Ups Ante in Marcellus; CEO Predicts ‘Oil Shale Revolution’
Chesapeake Energy Corp. CEO Aubrey McClendon continues to put his money where the shale is, most recently by adding another 500,000 net acres to the company’s million-plus acre leasehold in the Marcellus Shale.
November 5, 2010
Energy Targeted by Environmentalist Investors
Environmentalist investors named nine companies to a “Climate Watch List” and said they are lagging their peers when it comes to addressing climate change. Seven of the nine are in the energy industry.
February 23, 2009
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