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General Interest 2010 P

  • Mon Dec 27 06:00:00 CST 2010 -- Newfield, EOG terminate Marcellus shale transaction
    Newfield Exploration Co. and EOG Resources Inc. mutually agreed to terminate a deal for Newfield to buy Marcellus shale development assets in Bradford County, Pa., from EOG for $405 million.
  • Mon Dec 20 14:15:10 CST 2010 -- Total, Suncor in $1.75 billion Canada oil sands deal
    Total E&P Canada Ltd. and Suncor Energy Inc. said they will form a strategic oil sands alliance encompassing the Suncor-operated Fort Hills mining project, the Total-operated Joslyn mining project, and the Suncor-operated Voyageur upgrader project.
  • Tue Dec 14 12:35:20 CST 2010 -- Forest Oil plans Canadian subsidiary spinoff
    Forest Oil Corp. plans to sell 19.9% of its subsidiary, Lone Pine Resources Inc., in an initial public offering to be followed by a spinoff of Forest’s remaining shares in Lone Pine to Forest’s shareholders.
  • Thu Dec 02 12:30:40 CST 2010 -- Antero Resources to buy Marcellus assets
    Antero Resources LLC, a private Denver independent, is buying Bluestone Energy Partners, a private company with Marcellus shale acreage in West Virginia and Pennsylvania.
  • Wed Dec 01 12:51:00 CST 2010 -- GAO report sees flaws in DOI tracking of gas venting, flaring
    The US government is losing income from oil and natural gas leases because the Department of the Interior does not accurately track losses from natural gas venting and flaring, the Government Accountability Office said in a report it released on Nov. 29.
  • Mon Nov 22 08:25:10 CST 2010 -- Stevens named chairman of CBM Asia Development
    CBM Asia Development Corp., Vancouver, BC, which participated in the drilling of Indonesia’s first official coalbed methane well earlier this year, has named Scott H. Stevens as chairman.
  • Mon Nov 29 11:20:30 CST 2010 -- Marathon buys stake in Eagle Ford from Denali Oil & Gas
    Marathon Oil Corp. plans to pay Denali Oil & Gas $10 million in a transaction that marks Marathon’s entry into the Eagle Ford shale formation in the South Texas counties of Wilson and Atascosa.
  • Tue Nov 09 12:10:50 CST 2010 -- Chevron to buy Atlas, gain Marcellus foothold
    Chevron Corp. has agreed to acquire Atlas Energy, a Pittsburgh independent producer with a major land position in the Marcellus shale gas play, for $3.2 billion cash plus assumption of debt of $1.1 billion.
  • Mon Nov 22 09:51:00 CST 2010 -- ExxonMobil optimistic about long-term US gas production
    ExxonMobil Corp. believes unconventional sources of natural gas could represent 70% of US gas supplies by 2030, Steve Kirchhoff, ExxonMobil’s Americas vice-president for natural gas, told a recent Deloitte LLP oil and gas conference in Houston.
  • Thu Nov 18 17:00:40 CST 2010 -- Taxes, restrictions could stymie gas potential, API economist warns
    State and federal lawmakers should resist calls to heavily tax or restrict development and production of natural gas from shale formations, an American Petroleum Institute senior economist urged.
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