October 16, 2014

Marcellus/Utica Giant Sells $5.4 Billion in Properties to Southwestern Energy

October 16, 2014

Chesapeake Energy (ticker: CHK), a pioneer in the Marcellus/Utica region, announced the sale of $5.375 billion in regional assets to Southwestern Energy (ticker: SWN) in the early morning hours on October 16, 2014. Per the terms of the deal, Southwestern receives: 413,000 net acres located in northern West Virginia and southern Pennsylvania (more than 50% held by production) Approximately 1,500

Bellatrix Sells Non-Core Harmattan Assets for $80 Million

An OAG360® Exclusive: Interview with Brent Eshleman, COO of Bellatrix Exploration

October 16, 2014

Bellatrix Exploration Ltd. (ticker: BXE) is a Calgary-based E&P operating in the Western Canada Sedimentary Basin. The majority of operations are focused on the Cardium tight oil play in Alberta – an area that has boosted production rates tenfold since 2008. Recoverable reserves from new drilling practices are estimated at 3.0 to 4.5 billion barrels of oil. Bellatrix prepared for

Graph of the Week: Coal is Back

October 16, 2014

Surprise: The EIA predicts more coal will be used to generate electricity this year than in 2013. But they believe coal’s downtrend will resume in 2015. In 2013, 39.1% of U.S. power was generated by burning coal. In 2014 that will increase to 39.8%, but will fall to 38.7% in 2015, the EIA said. Natural gas fueled 27.4% of U.S.

ND produced record 35M barrels of oil in August

October 16, 2014

North Dakota produced a record 35 million barrels of oil in August, according to figures released Wednesday by the state’s Industrial Commission. August also marked the Bakken oil formation’s one billionth …

Marcellus/Utica Giant Sells $5.4 Billion in Properties to Southwestern Energy

An OAG360® Exclusive: Interview with Brent Eshleman, COO of Bellatrix Exploration

Graph of the Week: Coal is Back

ND produced record 35M barrels of oil in August

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