Tuesday, November 26, 2024
Keystone Pipeline - Oil & Gas 360

TransCanada Sues U.S. Government over Keystone XL, Seeks $15 Billion for Breach of NAFTA

TransCanada says Pres. Obama’s denial of the Keystone XL application was unlawful Calgary-based TransCanada Corp. (ticker: TRP) announced today that it will sue the U.S. government, alleging President Barack Obama exceed his power under the U.S. Constitution when he rejected the Keystone XL pipeline project. The suit was filed in the U.S. Federal Court in Houston, Texas, according to a

Samson Oil & Gas to Secure 50,000 Williston Basin Acres in Transformative Acquisition

Samson Oil & Gas (ticker: SSN) has nearly doubled its output overnight, announcing a $16.5 million acquisition on January 6, 2016. The properties currently produce 720 BOPD from 41 net producing wells and contain proved reserves of 8.5 MMBO as of October 1, according to estimates from Netherland, Sewell & Associates. On a cash comparison, SSN is paying $22,916 for

Noble Energy Enhances Financial Flexibility With Debt Refinancing

New term loan to replace certain outstanding notes through cash tender offers Noble Energy, Inc. (“Noble Energy” or “the Company”) (NYSE: NBL) today announced a series of transactions, consisting of a new term loan and cash tender offers for certain outstanding notes, which collectively enhance its financial flexibility. Noble Energy has entered into a new three-year term loan agreement with

Wyoming NatGas Production Down for 6th Year

From the Casper Star-Tribune Production from Wyoming’s natural gas fields slumped 14 percent in 2015, state figures show,marking the sixth consecutive year production in the Cowboy State has fallen. The almost 1.7 trillion cubic feet of gas reported to state regulators through Tuesday represents the smallest annual production haul since 2001. The figures are preliminary. Companies are still completing the