Saturday, December 21, 2024

MarkWest and Antero Midstream Announce Marcellus Joint Venture

Midstream venture will support Antero Resources production MPLX LP (ticker: MPLX) announced a joint venture with Antero Midstream (ticker: AM) on Monday, in a venture to support development of acreage owned by Antero Resources (ticker: AR). MarkWest Energy Partners, a subsidiary of MPLX, and Antero Midstream will own the joint venture in a 50-50 split. As part of this agreement,

Raging River Finds Success in Canadian Light Oil

Viking formation’s shallow light oil keeps well costs low There are several world-class oil and gas plays in Canada. The Montney has excellent stacked play potential, and the Cardium field has been known for years. When it comes to light oil, though, one play stands above the rest, the Viking formation in Alberta and Saskatchewan. This field has very high-quality