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Tuesday, May 19, 2026

January 10, 2018

Ring Energy Releases Permian Update

January 10, 2018

Ring Energy, Inc. (ticker: REI) released its operations update for the fourth quarter of 2017. In the three months ended December 31, 2017, on its central basin platform asset (CBP), Ring drilled 19 new horizontal San Andres wells and was in the process of drilling number 20 at the end of the quarter. In the fourth quarter, Ring completed, tested

SM Energy Sells 112,200 Acres for $500 Million

January 10, 2018

Unloads PRB, increasing concentration on Midland and Eagle Ford SM Energy Company (ticker: SM) said that it entered into a definitive agreement to sell a majority of the company’s Powder River basin assets for a cash purchase price of $500 million. The buyer was undisclosed. President and CEO Jay Ottoson said, “Divestiture of these assets is consistent with our strategy

Ship Carrying LNG from UK Turns to Mediterranean

January 10, 2018

From Reuters A vessel that picked up liquefied natural gas from the United Kingdom that was headed to the United States has turned toward the Mediterranean, according to Thomson Reuters shipping data on Wednesday. Engie SA’s Gaselys tanker picked up LNG from National Grid SA’s Isle of Grain facility near London on Dec. 30. It was initially expected to deliver

Nova Scotia Urged to Rethink Frac Ban

January 10, 2018

From CBC Canada Nova Scotia’s Liberal government is being urged to revisit its ban on hydraulic fracturing following the release of a new Energy Department analysis that found onshore natural gas resources in the province are worth between $20 billion and $60 billion. Most of it — up to 4.3-trillion cubic feet — is in shale gas, which would require hydraulic fracturing to recover. The Liberals passed

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