Entergy Corporation (NYSE: ETR) announced plans on August 27, 2013, to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vermont. The station is expected to cease power production after its current fuel cycle and move to safe shutdown in the fourth quarter of 2014. The station will remain under the oversight of the Nuclear Regulatory Commission throughout
Company Reports an Increase in Third Quarter Net Income And EBITDA over Comparative 2012 Quarter Dawson Geophysical Company (DWSN) today reported revenues of $75,647,000 for the third quarter-ended June 30, 2013, compared to revenues of $68,348,000 for the same quarter in fiscal 2012. Net income increased to $4,063,000, or $0.50 per share attributable to common stock, in the third quarter of
A change to the way oil and gas pollution is regulated is the next big step for the Colorado Department of Public Health and Environment. CDPHE is moving forward to adopt EPA’s air pollution rules. In 2012, EPA set new standards in accordance with cost effective ways of reducing emissions. The Denver Post reported that the need for an overhaul
In an industry report released July 8, 2013, Raymond James & Associates asked the question: ‘When will the Keystone XL Pipeline become a necessity?’ According to analysts, Marshall Adkins & Cory Garcia, additional pipeline capacity out of Western Canada will be eventually needed if Canadian oil sands growth continues as projected. “While Keystone isn’t needed today or arguably even in
Russian leader, Vladimir Putin, has been dipping his toes in to a lot of pools lately. Between his position on possibly allowing Edward Snowden to seek asylum in Russia and his hosting of the second Gas Summit of the Gas Exporting Countries Forum (GECF) in Moscow July 1, 2013 – it’s amazing that he’s keeping the snow separated from the
President Barack Obama’s first climate change speech of his second term focused on three main points: cutting carbon pollution in America, preparing the U.S. for the impacts of climate change, and leading international efforts to combat global climate change. Our key takeaway from the president’s speech was natural gas is cited as a “critical bridge fuel” – and rightfully so.
PetroQuest Energy, Inc. (PQ) announced today that the Company recorded net income available to common stockholders for the quarter ended March 31, 2013 of $2,607,000, or $0.04 per share, compared to first quarter 2012 net loss to common stockholders of $18,608,000, or $0.30 per share. The 2012 period included a non-cash ceiling test impairment of $20,111,000. Discretionary cash flow for
Company Generates a 16 and 21 Percent Increase in EBITDA for the Second Quarter and Six Month Period, Respectively Dawson Geophysical Company (DWSN) today reported results for the quarter-ended March 31, 2013, the Company’s second quarter of fiscal 2013. Second Quarter and Six Month Highlights EBITDA for the quarter-ended March 31, 2013 increased to $20,314,000 compared to $17,520,000 for the same
NATURAL GAS INVENTORY Current: 1,734 Bcf Actual Injection/(Withdrawal): 30 Bcf Economist Average Estimate: 32 Bcf Previous: 1,704 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Pressure Mounts on US to Export Natural Gas – CNBC As the U.S. produces more of its own energy, pressure is mounting on the federal government to move
FORT WORTH, Texas, March 29, 2013 (GLOBE NEWSWIRE) — Quicksilver Resources Inc. (KWK) announced today that it has executed an agreement to sell an undivided 25% interest in its Barnett Shale oil and gas assets for US$485 million to TG Barnett Resources LP, a wholly-owned U.S. subsidiary of Tokyo Gas Co., Ltd. Quicksilver will remain as operator of the assets.
Emerald Oil, Inc. (ticker: EOX) announces record oil production for the fourth quarter ended December 31, 2012. Emerald plans to file its annual report on Form 10-K with the U.S. Securities and Exchange Commission by Monday, March 18, or earlier. Fourth Quarter 2012 Highlights Emerald has successfully drilled 3 operated Bakken wells to date in McKenzie County, North Dakota, that
Successfully Completed Reworks on Additional Wells in Alaska Miller Energy Resources, Inc. (ticker : MILL) today announced results for the three and nine months ended January 31, 2013. Third Quarter Results Total revenues for the three months ended January 31, 2013 were $8.0 million compared to $8.4 million in the three months ended January 31, 2012. Total production for the three
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