Miller Petroleum, Inc. announced that it had finalized a drilling contract with Atlas Energy Resources, LLC. This is a two year agreement that will utilize two Miller drilling rigs operating in the East Tennessee area of the Appalachian Basin.
Miller CEO Scott M. Boruff commented that, “This contract solidifies our relationship with Atlas who is one [...]
Plateau Mineral Development, Inc., along with its partner, Plateau Mineral Development LLC, is pleased to announce the signing of a farm-out agreement with Eastern Energy Resources of Sunbright, Tennessee.
This agreement, dated October 16, 2008, gives Eastern Energy Resources the right to drill new wells on three of PMD’s leases. These specific drill sites are within [...]
Platina Energy Group, Inc. reports operational cost projections for hydrocarbon extraction in Tennessee and Kentucky far below domestic averages. Despite the recent energy price reductions, the cost of production as a percentage of sales will likely remain low across the Appalachian area fields.
According to Blair Merriam, “Despite economic slow downs, we have drilled additional wells [...]
Plateau Mineral Development, Inc., along with its partner Plateau Mineral Development LLC, is pleased to announce the building of a pipeline that is predicted to produce significant revenues for the company.
The Pipeline Gathering System is 6.16 miles long and is comprised of a six-inch and four-inch main trunk line. The trunk line is fed by [...]
Miller Petroleum, Inc. announced that the latest well in its Lindsay field has initially tested as potentially one of the best natural gas vertical wells that Miller has ever drilled. Targeted with the Chattanooga Shale in mind, the well also shows pay zones in various other formations including the Monteagle and Fort Payne. Stabilized production [...]
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Europe, Middle East and Africa regions.
Effective Oct. 15, prices for DuPont coatings, plastics, specialty, paper and laminate titanium dioxide grades will increase by 150 Euros per tonne in all Euro markets of Western and Central Europe and North [...]
Strategic Resource Acquisition Corporation announced that it will be initiating a temporary care and maintenance program at its wholly-owned Mid-Tennessee zinc mining complex (MTZ).
The decision follows an extensive evaluation of numerous scenarios and zinc pricing projections that leave little support for the continuation of operations under the current commodity pricing and credit market environments. Since [...]
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Latin America.
Effective Oct. 1, Latin American prices for all DuPont titanium dioxide grades will increase by $150 (USD) per metric ton. This increase is in addition to the price increases previously announced.
“Demand for TiO2 remains strong. Higher raw [...]
Atlas Pipeline Partners L.P. reported an update to its hedge positions for certain hydrocarbon volumes that it expects to generate in its Mid-Continent processing operations.
Based on current natural gas liquid (NGL) production, given recently added ethane and propane puts for the second half 2008 and full year 2009 periods, the total value of NGLs hedged [...]
Although the price of petroleum has moderated recently, a permanent increase to $150 per barrel by the end of 2008 could have a significant negative effect on the rate of real gross domestic product (GDP), at least in the short run, based on an analysis from the Federal Reserve Bank of St. Louis.
Kevin L. Kliesen, [...]
