A judge in southwestern Illinois has denied a bid by a landowners group to suspend the state’s new rules for high-volume oil and gas drilling, ruling that the plaintiffs failed to show they would suffer immediate harm if fracing was to go forward, reports Kentucky.com. Madison County Circuit Judge Barbara Crowder rejected the request for a preliminary injunction on Friday,
Resolute Energy Corp. (ticker: REN) is an exploration and production company with producing assets in the Permian Basin (Texas), the Hilight Field of the Powder River Basin (Wyoming) and the Aneth Field of the Paradox Basin (Utah). REN is developing its assets through horizontal drilling, resulting in a 10% production increase for the trailing twelve months ended September 30, 2014
Over the past two weeks, Oil & Gas 360® has reviewed eight of Canada’s E&Ps, looking at operations, financial performance and management comments during recent conference calls. The Canadian E&Ps we will review range in market cap from $44 billion to $109 million. Today, OAG360® looks at four more companies focused on developing Canada’s crude oil and natural gas resources.
We all know the emergence of hydraulic fracturing has spurred an energy revolution in North America, but that doesn’t mean there isn’t room for improvement. Operators and service companies alike are constantly evaluating different options and adjusting techniques to fully utilize all wellheads. That includes GASFRAC Energy Services (ticker: GFS.TO), a Calgary-based company who believes its “waterless” formula is a
Wants to double natural gas production but no plans to export After Saudi Arabia’s Oil Minister, Ali Al-Naimi, made his first public speech since September 11 of this year, a great deal of emphasis was placed on the minister’s comments about OPEC pricing policy. While undoubtedly important, discussion about whether or not OPEC is intentionally keeping prices low has overshadowed
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