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Despite weak prices, there is “significant upside optionality” to natural gas, according to a Credit Suisse analyst.

Ten years ago the Permian Basin, first drilled nearly a century ago, was considered passe for oil and gas exploration. Today, however, a new generation of explorers and midstream operators has made the basin one of the hottest tickets on the reservoir circuit and there are no signs that the lights will be dimming anytime soon.

If you work in one of the 23 counties comprising the Eagle Ford Shale region of South Texas, today — or any day, for that matter — would be a good day to ask your boss for a raise.

Irish ex patriot journalist/filmmakers Ann McElhinney and Phelim McAleer call their project “the film that will tell the truth about fracking,” on their website, which includes the slogan, “There are two sides to every story, and then there is the truth.”

“This is a 2013 development. It’s not a 2012 development. The next year is about evaluation. It’s about getting your head around the rock,” said Michael Bodino with Global Hunter Securities LLC.

The mayor of Pittsburgh said he would not sign a measure allowing voters to decide whether to ban natural gas extraction in the city, but the city council is still trying to get the referendum on the ballot.

Laser Northeast Gathering Co. LLC’s wait to learn whether it can construct a gas gathering pipeline with “public utility” status in the heart of Pennsylvania’s Marcellus Shale country was extended Thursday when the Pennsylvania Public Utilities Commission (PUC) voted to remand the case to an administrative law judge (ALJ).

Companies that missed out on the first round of leasing in the Eagle Ford Shale in South Texas that began in 2008 will have another chance as some of those leases will be expiring in the coming months, an industry analyst said recently.

Landmen headed for the Eagle Ford Shale, you’re too late. Engineers need to hurry. And beancounters, your day is coming. The Eagle Ford is the hottest thing in South Texas, but like the unconventional plays that came before, it too will have its seasons.