On September 11, 2013, the California Assembly passed a law attempting to regulate fracing in the state’s Monterey shale. The bill, listed as Senate Bill 4 (SB 4), will go into effect on January 1, 2015. SB 4 will require companies to apply for a fracing permit, disclose what chemicals and well stimulation fluids they were using, and notify local
Saratoga Resources Inc. (ticker: SARA) is an oil and gas exploration and production company concentrating on abundant, low-risk drilling opportunities located in the transition zone off the coast of Louisiana. In some places, including the company’s Grand Bay field, approximately 64 stacked pay sands exist with wells that have been producing for over 50 years. SARA currently owns and operates
Aurora Oil & Gas Limited (ticker: AEF and AUT) is a Perth- and Houston-based oil and liquids company with operations in the Eagle Ford Shale trend of South Texas. Aurora has 88,800 gross (22,000 net) acres in the “tri-county” area of Karnes, Live Oak and Atascosa Counties, Texas. Douglas E. Brooks, Chief Executive Officer of Aurora, recently presented at EnerCom’s
