Story by The Casper Star Tribune In the convention business, the allure of the Tetons is strong. And, for the past 18 years, the Wyoming Oil and Gas Fair has used the appeal of Jackson’s mountains, restaurants and shops to great effect. The annual energy confab regularly draws in excess of 600 people, including executives from the likes of Anadarko Petroleum, Marathon
Cheniere executive indicates that China may buy LNG from the company “There’s a lot of interest from Chinese buyers for long-term LNG volume, especially for 2020 onwards,” Cheniere Vice President for Asia at Cheniere Marketing Pte Ltd Nicolas Zanen, on the sidelines of the Asia Oil and Gas Conference in Kuala Lumpur, told Reuters. Cheniere Energy (ticker: LNG) is set
Baker Hughes rig count for the week ended May 22, 2015 Rig counts fell for the 24th consecutive week this week, but showed the smallest decline since the drop in rig counts began in October of last year. The total number of active rigs in the U.S. for the week ended May 22, 2015, was 885, down just 3 rigs
Enhanced oil recovery (EOR) is being mentioned with more and more emphasis in the margin-tightened oil price environment, and Husky Energy (ticker: HSE) is employing methods to generate more from its oil sands projects in western Canada. The Calgary-based company placed online its Rush Lake thermal project this week – nearly two months ahead of schedule. The use of thermal
Crude oil prices are trending along six month highs, prompting relief and optimism for the weary oil and gas industry. West Texas Intermediate seems to have stabilized around $60 for the time being, but not till after rig counts plunged by approximately 60% and United States production leveled off for the first time since the shale boom began. In the
Lightstream Resources Ltd. (the “Company” or “Lightstream”) (LTS.TO) announces the renegotiated terms agreed to with lenders in our secured revolving credit facility. Further to our first quarter results press release of May 5, 2015, we have concluded negotiations and received signed commitments from our lending syndicate for an amended credit facility which is subject to execution of a definitive agreement
Synergy Resources Corporation (NYSE MKT: SYRG) (“Synergy”) has agreed to purchase the remaining 35% working interest in the DJ Basin Greenhorn (AMI) owned by its non-operating partner, Foreland Investments LP. The transaction is scheduled to close on May 28th, subject to customary closing conditions. This acquisition gives Synergy a 100% working interest in the AMI and increases its acreage position
Dome Energy AB. (Ticker: DOME) is pleased to announce that it has entered into an Agreement and Plan of Reorganization with PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE MKT:PED), for the sale of Dome’s entire US asset base. PEDEVCO confirmed the announcement in a separate release. Structured as the sale of Dome’s wholly owned subsidiary Dome Energy Inc., the proposed
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