February 10, 2015

WASHINGTON, D.C. – Senator John Hoeven (R-N.D.) and a bipartisan group of senators today reintroduced the Natural Gas Gathering Enhancement Act. The legislation would set deadlines for and expedite the permitting of natural gas gathering lines located on federal land and Indian land. Other lead sponsors include U.S. Senators John Barrasso (R-Wyo.), Heidi Heitkamp (D-N.D.) and Mike Enzi (R-Wyo.). The

Story by Bloomberg Occidental Petroleum Corp., one of 11 international oil companies invited to bid for rights to develop Abu Dhabi’s largest onshore fields, agreed to a $500 million exploration project in the emirate over two years. Occidental will work with Abu Dhabi National Oil Co., the state-owned crude producer known as Adnoc, to explore for oil at the Hail

POSTROCK RELEASE PostRock Energy Corporation(PSTR) (“PostRock”) today announced the appointment of a new director. Simultaneously, it announced that it had engaged Evercore Group L.L.C. to help explore strategic alternatives. Alexander P. Lynch, a partner of White Deer Energy, was added to the Board on February 6th, increasing the Board to seven members. Mr. Lynch has nearly 40 years of experience

Story by CNBC Halliburton became the latest oil company to feel the sting of falling oil prices. The Houston-based oil filed services company said Tuesday it plans to cut between 5,200 to 6,400 jobs as oil and gas production slows down. The cuts translate to between 6.5% and 8% of the company’s 80,000 global workforce. “We value every employee we

CAMAC Energy Inc. (“CAMAC” or the “Company”) (NYSE MKT:CAK) announced today the successful completion of its onshore 2D seismic acquisitions on blocks L-1B and L-16 in the Republic of Kenya. The 2D seismic program was conducted by BGP Kenya Limited (“BGP”) and covers approximately 700 line kilometers on L-1B and 325 line kilometers on L-16. The objective of the acquisition