Thursday, September 3, 2026

Encana Sees Big Potential in $7.1 Billion Acquisition of Permian Pure-Play Athlon Energy

Calling the move “transitional,” Encana Corp. (ticker: ECA), Canada’s largest natural gas company, has announced it will acquire all shares and assume the senior notes of Fort Worth’s Athlon Energy (ticker: ATHL) in a US$7.1 billion cash offer, which Encana says is immediately accretive to cash flow per share. Under the terms of the merger agreement, Athlon shareholders will receive

Magnum Hunter Resources Achieves Record Well in the Utica: 46.5 MMcf

Takeaway Record for Eureka Hunter Follows Magnum Hunter Resources (ticker: MHR) is betting big in the Marcellus/Utica, and a company announcement on September 24, 2014, supports its assessment. The Stewart Winland 1300U well in Tyler County, West Virginia, returned an initial production rate of 46.5 MMcf after being drilled to a true vertical depth of 10,825 feet (including a 5,289

NiSource Joins the Crowd with New MLP Spin Off

NiSource Inc. (ticker: NI) said yesterday it will file a registration statement for an IPO of common units for a new MLP whose assets will consist of a 14.6% interest in CPG OpCo LP, which will own the natural gas transmission, midstream and storage assets of NiSource. NiSource, through its wholly owned subsidiary Columbia Energy Group, will own the general partner

Searching for the Good Life in the Bakken Oil Fields

As oil production hit 1 million barrels a day this past spring, the state began a marketing push to woo even more workers with the slogan “Find the Good Life in North Dakota.” Because everyone, including the cashiers, made so much money, the Bison had to charge a lot.