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Noble Energy Finalizes Strategic Partnership With CONSOL Energy in Marcellus Shale
Noble Energy, Inc. (NYSE: NBL) announced today it has closed the previously announced agreements which create a joint venture partnership with CONSOL Energy, Inc. (NYSE: CNX) for the development of Marcellus Shale properties in southwest Pennsylvania and northwest West Virginia.

date.png03 Oct 2011 14:38 | comments.png 0 Comments | tags.png consol deals n-america noble shale usa [ More ]

Carrizo Oil & Gas, Inc. and Avista Capital Partners Announce Formation of Joint Venture in Utica Shale
Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) and Avista Capital Partners announced today that they have entered into a joint venture to acquire and develop acreage in the liquids rich region of the Utica Shale. The JV has closed on its first acquisition of 15,000 net acres in eastern Ohio and northwestern Pennsylvania at an average cost of less than $1,500 per acre. Under the terms of the agreement, Carrizo will own an initial 10% interest in the joint venture properties with Avista owning the remaining 90%. Avista has the right to contribute aggregate funds of up to $130 million to the joint venture, with the ability to raise this amount by an incremental $70 million.

date.png03 Oct 2011 07:24 | comments.png 0 Comments | tags.png avista carrizo deals gas shale usa utica [ More ]

The first shale gas has been produced in Lubocino near Wejherowo, under a licence held by PGNiG SA
Polskie Górnictwo Naftowe i Gazownictwo SA is the first Polish company to have started technological production of shale gas. Prime Minister Donald Tusk and other members of the government arrived at the location to personally participate in the event, which marks a major milestone not only for PGNiG, but also for the entire Polish economy.
The flare is burning at the Lubocino-1 well in the Wejherowo licence area. This opens up the way for further work in the licence area, which is expected to lead to the launch of commercial production of shale gas and to provide confirmation that the forecasts regarding large resources of shale gas in Poland are legitimate.

date.png21 Sep 2011 07:01 | comments.png 0 Comments | tags.png europe pgnig poland shale upstream [ More ]

CAPP members establish new Guiding Principles for Hydraulic Fracturing
Canadian natural gas producers today announced new guiding principles for hydraulic fracturing that guide water management and improved water and fluids reporting practices for shale gas development in Canada. The principles were created by members of the Canadian Association of Petroleum Producers (CAPP) and apply to all CAPP natural gas producing members, large and small, operating in Canada.

date.png12 Sep 2011 15:05 | comments.png 0 Comments | tags.png canada capp gas shale [ More ]

Hess Acquires Additional Acreage in Ohio's Utica Shale
Hess Corporation (NYSE: HES) announced today it has acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately $750 million.

date.png09 Sep 2011 12:44 | comments.png 0 Comments | tags.png gas hess shale usa [ More ]

Hess and CONSOL Energy Enter into Joint Venture in Utica Shale in Ohio
Hess Corporation (NYSE: HES) announced today it has entered into an agreement with CONSOL Energy Inc. to acquire a 50 percent interest in CONSOL's nearly 200,000 acres in the Utica Shale in eastern Ohio for aggregate payments of $593 million.

date.png07 Sep 2011 13:40 | comments.png 0 Comments | tags.png consol deals gas hess shale utica [ More ]

"Shell" and SC "Ukrgazvydobuvannya" signed a new contract on joint activity
Today the "Shell" and SC "Ukrgazvydobuvannya" signed a new agreement on joint activities for the joint search and extraction of hydrocarbons in eastern Ukraine on the basis of the agreement, signed in June 2006

date.png02 Sep 2011 08:16 | comments.png 0 Comments | tags.png gas shale shell ukraine upstream [ More ]

San Leon Energy plc and Realm Energy International Corporation Announce Merger
San Leon Energy plc (“San Leon” or the “Company”; AIM:SLE) and Realm Energy International Corporation (“Realm”; TSXV:RLM) are pleased to announce that they have entered into an agreement (the ”Arrangement Agreement”) pursuant to which San Leon will acquire all of the issued and outstanding shares of Realm (the “Acquisition”).

date.png26 Aug 2011 09:23 | comments.png 0 Comments | tags.png deals europe realm san-leon shale [ More ]

USGS Releases New Assessment of Gas Resources in the Marcellus Shale, Appalachian Basin
The Marcellus Shale contains about 84 trillion cubic feet of undiscovered, technically recoverable natural gas and 3.4 billion barrels of undiscovered, technically recoverable natural gas liquids according to a new assessment by the U. S. Geological Survey (USGS).

date.png24 Aug 2011 05:43 | comments.png 0 Comments | tags.png gas marcellus reserves shale usa usgs [ More ]

Halliburton, Leader In Unconventional Resource Development In North America, Completes First Horizontal Shale Gas Well In Argent
Halliburton (NYSE: HAL) has successfully executed the first horizontal, multistage hydraulic fracture shale gas completion in Argentina’s Neuquén Basin for Apache. Halliburton provided all major well construction and completion services for the project, resulting in the successful delivery of South America’s first horizontal and deepest shale gas well.

date.png19 Aug 2011 07:56 | comments.png 0 Comments | tags.png apache argentina halliburton services shale [ More ]
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