Suncor Energy Inc. (NYSE: SU), Fort McKay First Nation (FMFN), and Mikisew Cree First Nation (MCFN) announced today the completion of the acquisition by FMFN and MCFN of a 49% partnership in Suncor’s East Tank Farm Development for total proceeds of $503 million. Fort McKay First Nation is composed of over 800 band members with approximately 400 members residing in
PetroQuest is targeting record production growth in 2017 Today’s announcement from PetroQuest Energy (ticker: PQ) delivered a clear signal that PetroQuest will hit the accelerator on growth starting now, anchored by a Texas drilling program that could deliver an attractive 2017 for the GOM/East Texas-focused E&P headquartered in Lafayette, Louisiana. PQ Manager of Corporate Communications Matt Quantz was in a positive
Companies say 40% of the world’s gas reserves can be classified as stranded; Golar and Schlumberger plan to employ FLNG to monetize stranded gas Global LNG shipper Golar LNG Limited (ticker: GLNG) and the world’s largest oilfield service company Schlumberger (ticker: SLB), have launched OneLNG℠, a joint venture intended to rapidly develop low cost gas reserves to LNG. According to a press release, the combination
