Chesapeake Energy Corporation and BP America Announce Fayetteville Shale Joint Venture
Chesapeake Energy Corporation and BP America announced the execution of a Letter of Intent for a joint venture whereby BP will acquire a 25% interest in Chesapeake’s Fayetteville Shale assets in Arkansas for $1.9 billion. The assets have current daily net production of approximately 180 million cubic feet of natural gas equivalent and include approximately 540,000 net acres of leasehold which the...
Quest Energy Partners; undervalued resource
It is reported by media that as energy policy quickly emerges as a hot topic of debate on the minds of voters in the 2008 presidential election, the oil and gas exploration industry has been thrust into the spotlight. For better or for worse, this theme will remain dominant for some time to come, and should put the spotlight on small-cap companies such as Oklahoma City-based Quest Resources. At a market...
ONEOK Distribution Companies Named Leading Performers in Emergency Response by AGA
ONEOK, Inc.’s three distribution companies, Kansas Gas Service, Texas Gas Service and Oklahoma Natural Gas, have been recognized as top performers by the American Gas Association in the area of emergency response. This recognition is part of AGA’s 2008 Operations Best Practices Benchmarking Program, which is considered to be one of AGA’s most valuable programs. “We are honored...
States urge EPA to tighten rules on coal plants
New York and 15 other states on Tuesday urged federal regulators to put teeth into a proposed pollution rule aimed at making U.S. electric utilities reduce smog and global warming emissions when they expand or modernize their coal-fired power plants. “Pollution from coal-burning power plants and other facilities cause real problems throughout the United States from acid rain to urban smog to...
Group launches ‘Coal is Filthy’ ads against TXU plan
Dirty, gritty faces stared out from the ads in Texas major newspapers for the past two days declaring that “Coal is Filthy” and urging people to oppose TXU Corp.’s proposal to build 11 coal-fired electric plants. The ads looked like they were placed by two well-known environmental groups to promote an anti-coal plant rally this weekend. But the ads were placed anonymously by a two-week-old...
Natural gas-drilling push heats up
Energy prospectors seeking natural gas reserves are bidding more than $5.75 million for the right to drill in state forests in the Southern Tier and Cortland County — a process expected to begin next year. Chesapeake Natural Gas, a drilling company from Oklahoma, was the top bidder in seven of 10 tracts of state land in Broome, Tioga and Cortland counties the state approved for natural gas exploration...
Texas Energy Holdings Continues Building Focus on International Market by Introducing Oil and Gas Diversification Benefits to Japanese Pension Fund Investment Managers
Texas Energy Holdings, a privately held energy investment firm concentrating in active development of oil and gas fields, has announced its President and CEO Chad Willis has been invited to speak to senior level pension funds and investment executives from leading Japanese companies about the diversification benefits of oil and gas investments in the United States. Japan represents the second largest...
Nevtah/Black Sands Energy Acquire Significant Sunnyside Lease in Utah Tar/Oil Sands
Nevtah Capital Management and its joint venture partner, Black Sands Energy, have signed an agreement to acquire a key leasehold property within the richest portion of the Sunnyside Deposit in the Utah Oil Sands. The Sunnyside Deposit, according to the Lewin & Associates Report, 1983, ranges in field richness from 100,000 to 600,000 bbl/acre. The Report’s assessments were based on actual...
PYR Energy to Host Breakfast Table at the 11th Annual Oil & Gas Conference
PYR Energy Corporation announced that it will attend and host a breakfast table at the 11th Annual Oil & Gas Conference to be held August 14-17, 2006 at the Westin Tabor Center, Denver. Mr. Tucker Franciscus, Vice President of Strategic Development and Jane Richards, CFO will welcome anyone at the conference to attend on Wednesday, August 16, at 7:00 a.m. MDT. PYR will discuss the recent management...
Oil and gas pipeline deals hot
A spate of oil and gas pipeline deals has boosted mergers and acquisitions for the industry by nearly 30 percent this year, but soaring prices are turning off many potential buyers. Demand has driven up valuations for the limited supply of properties for sale, and many pipelines have become too expensive for the tax-free master limited partnerships that now dominate the field, bankers say. Recent deals...
Latest Mining News
Bolero Acquires Largest Rare Earth Property Surrounding Spectrum Mining’s Discovery in BC
Bolero Resources Corp. announce that it has entered into an option agreement to acquire 100%...
CNX Gas Achieves Record Production From Latest Marcellus Shale Well
CNX Gas Corporation, a leading Appalachian gas producer, announced production results from...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
