Trans Energy, Inc. completed the acquisition of the J.B. Dewhurst oil and gas lease on September 28, 2006, consisting of a 100% working interest and 87.5% net revenue interest in seven wells located on 2,200 acres in Grant District, Wetzel County, West Virginia. Trans Energy is scheduled to begin a work-over program on the seven [...]

Oil-and-gas players bid up to $475 an acre for drilling rights on public land Tuesday, but some were still angry over a judge’s decision two weeks ago that they say robbed them of parcels they’d already won in areas of Utah considered worthy of wilderness protection.
At a fast clip, the Bureau of Land Management auctioned [...]

Oil and gas drilling in national forests should be allowed as industry works with land managers to put environmental safeguards in place, an energy executive said Monday.
Bruce Hinchey with the Petroleum Association of Wyoming said he doesn’t agree with U.S. Sen. Craig Thomas’s statement Saturday that national forests should generally be off-limits to new drilling.
“I [...]