Natural Gas Summit Keynote Speaker Says Marcellus Find May Be Larger than Earlier Estimate

Terry Engelder, professor of geosciences in Penn State’s College of Earth and Mineral Sciences, who recently announced that the Marcellus natural gas find is potentially larger than his earlier estimates, will be a keynote speaker at the upcoming Pennsylvania Natural Gas Summit, an outreach program of Penn State. The summit will be held at the Ramada Conference Center in State College on Dec.... 

Tag: natural gas find penn

Consolidated Thompson Completes Environmental Assessment Process on Labrador Railway Project

Consolidated Thompson Iron Mines Limited announce it has completed the environmental assessment process for its proposed railway project in Labrador. The Company has been officially advised of the decision of the Minister of Environment and Conservation with the Government of Newfoundland and Labrador. On April 23, 2008, CLM submitted a Notice of Project to the Minister of Environment and Conservation,... 

Tag: bloom lake railway, wisco llx

EnerJex Resources Reports Operating Income for the First Quarter and Increased Production

EnerJex Resources, Inc. announce financial results from its first quarter ended June 30, fiscal 2009. The Company, which first began acquiring oil leases in April 2007, has delivered its first positive income from operations of $24,710. For the three months ended June 30, 2008, oil and natural gas revenues were $1.69 million. Oil sales volumes on a net revenue basis were 17,875 barrels compared to... 

Tag: david cramer conocophillips, david cramer conoco

Northern Oil and Gas Announces First Quarter Results and Provides an Update on Williston Basin Drilling Program

Northern Oil and Gas, Inc. reported a first quarter 2008 net loss of $187,000 or $0.01 per common share. Complete details of the company’s financial performance in the first quarter can be found its Form 10-Q which has been filed with the U.S. Securities and Exchange Commission. Michael Reger, Chief Executive Officer of Northern said, “Northern has made significant progress in its first... 

Tag: northern oils coventry, news of oil being found in divide county north dakota, burke county bakken wells, sheridan montana mineral rights, mineral acres for sale bakken

Chesapeake Energy Corporation Announces Transaction with Four Sevens Resources Co., Ltd. and Sinclair Oil & Gas Company in the Fort Worth Barnett Shale

Chesapeake Energy Corporation announced that it has acquired or has agreed to acquire approximately 8,500 net undeveloped leasehold acres in the heart of the Barnett Shale play in Tarrant County, Texas, from Four Sevens Resources Co., Ltd., Sinclair Oil & Gas Company and several of their affiliates and partners. In addition, Chesapeake announced that it has entered into a Land Services Agreement... 

Tag: four sevens oil and gas, gateway land services on behalf of chesapeake exploration, gateway land services oklahoma, energy corp tarrant texas, gateway land services oklahoma city

Developer signs coal lease

OAKLAND – The developer of the proposed coal-to-diesel plant in the Oakland area has signed a lease to mine local coal to supply the plant. Energy development company American Clean Coal Fuels of Vancouver, Wash., signed the lease Wednesday with the Embarras Valley Coal Association. ”This is a major step forward,” said American Clean Coal Fuels President Stephen Johnson, who added... 

Shelby coal mine closed for pollution

A Shelby County coal mine has been shut down after state investigators found it had been pouring coal slurry into a tributary of the Cahaba River intermittently for as long as a decade. “It’s located in a very remote area, and it’s not something you would find very easily,” said Randall Johnson, director of the Alabama Surface Mining Commission. State regulators say Tacoa Minerals,... 

Tag: tacoa mine in alabama, tacoa minerals, tacoa mines, corporate director safety and health for cliffs natural resources

Pollution from trains complicates coal plan

Locomotive trains hauling coal to a slew of proposed new power plants in North Texas would emit enough pollution that local leaders may have to consider more drastic measures than already planned to meet federal ozone regulations, a state analysis concludes. TXU Corp. and energy industry advocates insist that the coal-fired power plants planned to be built in East and Central Texas would be clean,... 

Exxon plans N. Texas gas wells

Exxon Mobil Corp. plans to develop gas wells in Dallas-Fort Worth with an affiliate of the Harding Co., Harding said Monday. Through a partnership Cinco County Barnett Shale LLC, Irving-based Exxon Mobil plans to produce and market gas from the Barnett Shale natural gas formation through an extensive, existing pipeline network. Financial terms were not disclosed.  Read More →

DRILLING RIG ACCIDENT LEAVES THREE INJURED

Three men were taken to the hospital Friday evening following a drilling rig collapse in Upshur County, according to a Gilmer Fire Department official. The men, whose names have not yet been released, were working on a rig owned by Dallas-based energy company Matador Resources off Highway 271 and FM 2088. Officials said a derrick collapsed on the Hurber Johnson oil well rig. When the rig fell it hit...