Marcellus Shale – Page 11

Cabot’s First 10-Well Pad in the Marcellus Exceeds Type Curve; Non-Core Sales Reaches $325 Million

December 9, 2013

Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania which is producing more than one billion cubic feet of natural gas per day. On December 9, 2013, Cabot Oil

LNG Fuel Increases Footprint, Expected to Stake Claim in New York

December 3, 2013

According to the Associated Press, The Department of Environmental Conservation has drafted regulations that will allow the buildout of LNG truck-fueling stations and other types of LNG storage plants. The agency expects the plans to be finalized by early next year and estimates about 21 fueling stations will be built over the next five years. LNG has become an increasingly

Marcellus Production Continues to Grow; Infrastructure Build Out Progressing

November 4, 2013

The Marcellus Shale will produce a record 12.6 Bcf/d in November 2013, according to the Energy Information Administration’s (EIA) Drilling Productivity Report on October 22, 2013. If the Marcellus itself were a country, it would rank eighth in the world in natural gas production – and the growth is expected to continue Companies such as Cabot Oil & Gas (ticker:

California Fracing Bill Could Slow Monterey Shale Production

September 13, 2013

On September 11, 2013, the California Assembly passed a law attempting to regulate fracing in the state’s Monterey shale. The bill, listed as Senate Bill 4 (SB 4), will go into effect on January 1, 2015. SB 4 will require companies to apply for a fracing permit, disclose what chemicals and well stimulation fluids they were using, and notify local

Magnum Hunter Resources: Filings Filed; Onward to Growth

July 10, 2013

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported with approximately 350,000 net acres spread across its core operating regions. MHR’s first quarter 10Q filing was much anticipated. Due

Enerplus Selling Non-Core Assets for $80 Million

June 27, 2013

Enerplus (ticker: ERF) is an independent exploration and production company with a concentrated portfolio of oil and natural gas assets both in Canada and the United States. The company’s operations include high growth opportunities in the Bakken/Three Forks, as well as stable, low decline crude oil production from a variety of crude oil waterflood properties across Western Canada. The company’s

PDC Energy Inc: A Busy 2012 Complemented by Utica Results Early in 2013

February 27, 2013

PDC Energy Inc (ticker: PDCE) is engaged in the exploration, development and production of crude oil, NGLs and natural gas. The company’s operations are focused primarily in the Wattenberg Field of Colorado, including the horizontal Niobrara and Codell plays, the Utica Shale in Ohio, and the Marcellus Shale in West Virginia. 2012 was a transformative year for PDC Energy with

Trans Energy, Inc. Provides Operations Update On Marcellus Horizontal Drilling Program

November 8, 2012

Company Posts Record 30-Day IP Rates T. MARYS, W.Va., Nov. 8, 2012 /PRNewswire/ — Trans Energy, Inc. (ticker: TENG), a pure play Marcellus Shale exploration and production company, today announced production results on the Dewhurst #110H and Dewhurst #111H in Wetzel County, West Virginia. 30-Day Production Rates Set Company Record Initial 30-day production rates from the Dewhurst #110H and Dewhurst

Cabot Oil & Gas Corp Reports Q3’12; Continues Down Sustainable Growth Path

October 26, 2012

Cabot Oil & Gas Corp (ticker: COG) is engaged in the development, exploitation and exploration of primarily natural gas and natural gas liquids in the Marcellus Shale. Outside the Marcellus, Cabot continues to expand its oil development efforts in the Eagle Ford and Pearsall Shales of South Texas, and the Marmaton, in the Oklahoma and Texas Panhandle. Recent Earnings Results:

Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

October 26, 2012

Magnum Hunter Resources Corp (ticker: MHR) announced it will acquire Viking International Resources, a private company with approximately 51,500 net acres primarily in the Marcellus and Utica plays, for $106.7 million. The deal will be funded with $37.3 million in cash and $69.4 million in convertible preferred stock. The preferred stock will pay an annual dividend of 8% and will

Range Resources Corporation – Day One Breakout Notes

August 14, 2012

Jeff Ventura, President and COO of Range Resources (RRC) presented today at EnerCom’s The Oil & Gas Conference® 17. Range Resources specializes in the exploration, development, and acquisition of oil and gas properties. Its current major divisions include Midcontinent, Marcellus, Southern Appalachia, and Southwest regions. During the company’s breakout session, management was asked the following questions: What do your current

Range Resources – THE Lighthouse in the Storm

August 1, 2012

Range Resources (ticker: RRC) reported Q2’12 and set new operational highs for the company: Quarterly production was 65,456 MMcfe, a 51% increase from Q2’11, adjusting production for the sale of the company’s Barnett Shale assets. While we’re punching in data as companies are reporting Q2 results, we note from EnerCom’s 89-company database of U.S. operators that production growth between Q3’11

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