June 2, 2014

Intervale Capital CEO Charles Cherington on CNBC's Squawk Box

June 2, 2014

Private equity company Intervale Capital CEO Charles Cherington appeared on CNBC’s Squawk Box to discuss Intervale’s investment strategy when it comes to oilservice portfolio companies. He also addresses the current regulatory environment and future for fracing in the United States. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as

Pemex Awaits Approval from Energy Ministry; Production in Q1’14 Down 34% since 2006

June 2, 2014

Petróleos Mexicanos, or Pemex, is Mexico’s sole producer of crude oil, natural gas and refined products. The company provides Mexico with one-third of government income and was the ninth largest oil producer in the world in 2012. The oil and gas industry in Mexico has been nationalized since 1938, but production has declined every year since 2004 (24% overall). In

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

June 2, 2014

Liquefied natural gas (LNG) is being touted as the next major movement in the energy industry. Supermajors like Chevron (ticker: CVX), ExxonMobil (ticker: XOM) and Shell (ticker: RDS.B) are investing billions to build up LNG networks while scaling back on more conventional opportunities. The catalyst for such a movement lies overseas in the energy-starved markets of Asia and Europe. In

Chesapeake Energy Forecasts $4 billion in Divestments in 2014, Plans to Spin-off Oilfield Services Unit as Cost Control Remains in Focus

June 2, 2014

Chesapeake Energy Corporation (ticker: CHK) is the second-largest producer of natural gas and the 10th largest producer of oil and natural gas liquids in the U.S. The company is actively selling down sections of its business to centralize focus on the Eagle Ford and Utica plays. Approximately $4 billion in divestments were made in 2013 and CHK anticipates selling another

Intervale Capital CEO Charles Cherington on CNBC's Squawk Box

Pemex Awaits Approval from Energy Ministry; Production in Q1’14 Down 34% since 2006

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

Chesapeake Energy Forecasts $4 billion in Divestments in 2014, Plans to Spin-off Oilfield Services Unit as Cost Control Remains in Focus

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