Ziff Energy and Gas Processing Management announce the kickoff of a 200+ page North Montney and Shale Gas Growth Resource and Infrastructure Study analyzing the area from west of Fort St. John to the Yukon and Northwest Territories including the Horn River, Liard, and Cordova Shale Gas Basins; forecasting gas and liquids to 2023 with [...]
Golar LNG Limited announced that Board member Tor Olav Troim has on 6 March 2013 extended a forward contract in respect of 200,000 shares in the Company. The new forward contract expires on 6 September 2013 at a price of NOK 80.8005 per share. After this trade, Mr. Troim has an exposure of 386,001 Golar [...]
CBM Asia Development announced a non-brokered private placement of up to 71,428,572 shares at a price of CAD 0.21 per share for gross proceeds of up to CAD 15 million. The net proceeds of the Offering will be used to, among other things, fund the Company’s pilot production and/or exploration and development costs on its [...]
Chesapeake Energy Corporation and Sinopec International Petroleum Exploration and Production Corporation announced the execution of an agreement which provides for Sinopec to purchase a 50% undivided interest in 850,000 of Chesapeake’s net oil and natural gas leasehold acres in the Mississippi Lime play in northern Oklahoma. The total consideration for the transaction will be $1.02 [...]
Gaz Métro said that it has entered into an agreement to sell to certain institutional investors in the United States on a private placement basis U.S.$200 million aggregate principal amount of 4.04% senior secured notes due 2043 and 4.19% senior secured notes due 2048. The Notes will be secured by a guarantee as to payment of principal [...]
Cummins announced its 2013 engine lineup, which is ideal for vocational applications with demanding workloads and tough-duty cycles. At the World of Concrete in Las Vegas, Cummins will have on display its clean diesel ISX12 and ISL9, as well as the Cummins Westport ISX12 G natural gas engine. Cummins 2013 on-highway diesel engines, including the [...]
The Department of Environmental Protection announced it has finalized revisions to a general permit for natural gas-fired engines and equipment at compressor stations, which help move gas from well sites into transmission pipelines. The revised general permit includes significantly lower allowable emission limits than the previous general permit, called GP-5. DEP also announced it will [...]
Buccaneer Energy announced the final production testing results from the 100% owned Kenai Loop # 4 well. The Kenai Loop # 4 well was shut-in for a 20 hour period with shut-in tubing pressure peaked at 3,899 psi. A flow test over 4 different choke sizes, a 4 point test, was then successfully conducted. [...]
CBM Asia Development announced its 2013 work program designed to see first commercial gas flows, upgrade resources and potentially generate revenues. Following the exploration successes of 2012, 2013 work program is production orientated incorporating two production pilot programs, one in the Barito basin and the other in Central Sumatra, as well as dewatering activities at [...]
Dana Gas PJSC, the Middle East’s first and largest private sector natural gas company, announced the detailed terms, conditions and implementation information for the refinancing transaction in relation to its US$1 billion 7.5% Sukuk-al-Mudarabah due 31 October 2012. Key Transaction Highlights: Lock-up and Standstill Agreement signed by the Ad Hoc Committee of Sukukholders, which represents [...]
