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Business Editors
GARLAND, Texas--(BUSINESS WIRE)--March 6, 2002
Cubic Energy, Inc. ("Cubic") (OTCBB:QBIK) today announced that it has approved a D...
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Consol Energy Inc. said its natural gas production topped 500 million cubic feet per day.
The Cecil-based gas and coal producer said it reached that milestone because of growth in the company's Marcellus shale reserves and maintenance at the company's coalbed methane and conventional gas production areas.
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SAN FRANCISCO -- Sun Cal Energy Inc. (OTCBB:SCEY), an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadark...
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Dominion Resources Inc. said yesterday it has agreed to sell the lion's share of its onshore natural gas and oil exploration business for $6.5 billion as part of the company's plan to raise cash and focus on its utility and power-generation businesses.
The Richmond energy company is selling reserves of 3.5 trillion cubic feet of gas to Loews Corp., a diversified holding company based in New York, and XTO Energy Inc., a Fort Worth, Texas, producer of oil and natural gas.
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Citing abundant access to supplies of natural gas from Pennsylvania's Marcellus shale and elsewhere, Virginia-based Dominion Resources Inc. said on Friday that it filed a request with the Department of Energy to begin exporting liquefied gas from its Cove Point terminal in Maryland.
The company seeks to export up to 1 billion cubic feet of natural gas a day beginning in late 2016, said spokesman Dan Donovan.
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Panhandle to buy interests in ArkansasPanhandle Oil and Gas Inc. has agreed to buy interests in 193 nonoperated natural gas wells and 1,531 acres of leasehold in Van Buren, Conway and Cleburne counties in Arkansas for $17.5 million from a private seller.Panhandle expected to complete the purchase in late October.The properties are principally in the core of the Fayetteville Shale natural gas play. The purchase will be financed with a combination of cash and the Oklahoma City-based company's credit facility with Bank of Oklahoma."These properties will increase our acreage holdings in the core area of the Fayetteville by 18 percent and the current production from the properties will increase total Panhandle production by approximately 12 percent," said Michael C. Coffman, Panhandle presid...
Sun Grant offers new funding for new energyThe Sun Grant Initiative has awarded grants totaling $...
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Crusader Energy Group Inc. on Thursday reported production for the third quarter of 34 million cubic feet equivalent per day, up 128 percent from the third quarter of 2007 and an increase of 59 percent from the second quarter.
The Oklahoma City company completed 38 gross wells during the quarter in the Anadarko Basin.
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...-2.19 Cubic Corp. -1.65 Sempra Energy -1.63 Qualcomm Inc. -1.5...
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...Tanya Yeast Spectra Energy Corporation Susanne Young Daylight Energy Ltd. Car... Entropic Communication San Diego Ken Hom Cubic Corporation Lisa Kim GAP, Inc. Brian Lynn Hewlett-...
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BENWOOD - Consol Energy Inc. continues to raise its energy output, with plans to produce up to 160 billion cubic feet of natural gas this year and 62 million tons of coal.
Consol, long known for extracting coal in Marshall County's Shoemaker and McElroy mines, has invested about $5 billion in natural gas assets since 2005, including the acquisition of significant acreage from Dominion Resources Inc. last year.