Archive for July, 2014

LNG Demand Strong:  Customers in Europe and Asia Lock Up Cheniere’s Gulf Coast Capacity

LNG Demand Strong: Customers in Europe and Asia Lock Up Cheniere’s Gulf Coast Capacity

In Cheniere Energy’s (ticker: LNG) 2013 annual report, Chairman and CEO Charif Souki said, “it became apparent to us a few years ago that we must find demand or the hydrocarbon revolution will stop.”

Locating demand for its liquefied …

July 3, 2014 - 5:19 pm Offshore, Oil and Gas 360 Articles
Liberty’s Slickwater Completions in the Bakken Yield 120% to 200% Production Gains, 2X EURs

Liberty’s Slickwater Completions in the Bakken Yield 120% to 200% Production Gains, 2X EURs

Wells Fargo Equity Research hosted a conference call July 2 with management from privately held Liberty Resources to discuss the slickwater completion technique it has used in the Bakken. In its follow-up research note, Wells Fargo’s E&P team summarized the …

July 3, 2014 - 3:37 pm Earnings, Fracing, Oil and Gas 360 Articles
Dow Jones Tops 17,000, S&P Energy Index Contributes to the Charge

Dow Jones Tops 17,000, S&P Energy Index Contributes to the Charge

The Dow Jones Industrial Average closed above 17,000 for the first time in history in a shortened session on July 3, 2014. The average flirted with the historical mark for the past week but finally broke the barrier following a …

July 3, 2014 - 3:13 pm Oil and Gas 360 Articles

Bellatrix Provides an Operational Update and Confirms 2014 Guidance

Bellatrix Provides an Operational Update and Confirms 2014 Guidance

July 3, 2014 - 12:00 pm 360 Company Releases

The Fourth of July Means What, Exactly?

Another Fourth of July is just around the corner—America’s Independence Day, the one we traditionally celebrate with food, flags, fireworks and filling.

FOOD: The National Hot Dog and Sausage Council estimated that Americans will eat about 150 million hot dogs …

July 2, 2014 - 5:46 pm Oil and Gas 360 Articles

Former Gulf CEO Talks Exports, Rising Gas Prices

Today on CNBC’s “Squawk on the Street,” former CEO of Gulf Oil Joe Petrowski discussed downstream factors behind rising gasoline prices. Petrowski said urbanization and smaller, fewer cars per family has lessened reliance on gasoline. “There’s a profound demographic trend …

July 2, 2014 - 4:21 pm Offshore, Oil and Gas 360 Articles

Penn Virginia Corporation Schedules Conference Call for Second Quarter 2014 Results

Penn Virginia Corporation Schedules Conference Call for Second Quarter 2014 Results

July 2, 2014 - 1:25 pm 360 Company Releases

PDC Energy Announces 2014 Second Quarter Investor Conference Call – Friday, August 8, 2014

PDC Energy Announces 2014 Second Quarter Investor Conference Call – Friday, August 8, 2014

July 1, 2014 - 9:00 pm 360 Company Releases
Will Hickenlooper or Beauprez Lead Colorado?

Will Hickenlooper or Beauprez Lead Colorado?

Former U.S. Congressman Bob Beauprez won Colorado’s Republican gubernatorial nomination with 31% of Republican votes. In November, Beauprez will challenge Democrat incumbent Governor John Hickenlooper to become the state’s chief executive.

How do the two candidates compare — on paper?…

July 1, 2014 - 5:54 pm Fracing, Oil and Gas 360 Articles, Regulatory
Big Banks See Gas Prices Staying at $4-$5.50 / MMBtu for 10-20 Years, Thanks to Growing U. S. Shale Production

Big Banks See Gas Prices Staying at $4-$5.50 / MMBtu for 10-20 Years, Thanks to Growing U. S. Shale Production

Bloomberg reported last week that Goldman Sachs, Societe Generale SA and BlackRock all see natural gas staying in the $4.00 – $5.50 range for the next 10-20 years. “Rising U.S. shale gas production is driving fear out of the futures …

July 1, 2014 - 5:37 pm Fracing, Midstream, Oil and Gas 360 Articles
Midstream:  Meritage’s First Crude Oil Unit Train Sends 70,000 Barrels of PRB Crude to the East Coast in 99 Tanker Cars

Midstream: Meritage’s First Crude Oil Unit Train Sends 70,000 Barrels of PRB Crude to the East Coast in 99 Tanker Cars

Thirteen months ago, Denver’s privately held Meritage Midstream announced a joint venture with Arch Coal (ticker: ACI), of St. Louis, Missouri, to form Black Thunder Terminal, LLC, to develop a rail terminal to provide crude oil handling, storage, rail loading …

July 1, 2014 - 4:58 pm Midstream, Oil and Gas 360 Articles

Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock

Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock

July 1, 2014 - 11:00 am 360 Company Releases