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Wednesday, March 17, 2010

WestoverEnergyCompany.Com. - Westover Energy Blog - RSS NEWSShale


  • March 17 (Bloomberg) -- Reliance Industries Ltd. , the owner of the world’s largest fuel-making complex, is in talks with Atlas Energy Inc. to invest in the U.S. natural-gas producer’s shaleassets, a person familiar with the negotiations said.
    Bloomberg - Mar 16 9:21 PM
  • Horizontal drilling and the ability to fracture shale seams to release gas have made shale gas viable. Some Aussie firms are out front of this development.
    Resource Investor - 34 minutes ago
  • March 16 (Bloomberg) -- Reliance Industries Ltd. , India’s biggest company by market value, is interested in buying stakes in shale-gas assets in the U.S., a person familiar with the energy explorer’s plans said.
    Bloomberg - Mar 16 9:21 AM
  • March 16 (Bloomberg) -- Reliance Industries Ltd. may acquire a 40 percent to 50 percent stake in a U.S. Shale Gas asset, the CNBC television reported today, citing sources it didn’t identify.
    Bloomberg - Mar 16 3:21 AM
  • COUDERSPORT — Drilling on the Marcellus Shale is going to have huge financial benefits to Potter and McKean counties. That was the message Tuesday evening at the preview event for the Natural Gas Expo in Coudersport.
    The Bradford Era - 2 hours, 13 minutes ago
  • State Rep. Greg Vitali, D-166, of Haverford, recently joined legislators and environmentalists asking that Gov. Ed Rendell stop granting permits to drill in state forest land over the Marcellus Shaleregion, a huge deposit of natural gas lying under much of the state.
    Main Line Suburban Life - Mar 17 12:41 AM
  • March 16 (Bloomberg) -- Reliance Industries Ltd. , India’s biggest company by market value, may acquire a 40 percent to 50 percent stake in a U.S. shale-gas asset, CNBC TV18 reported, citing people it didn’t identify.
    Bloomberg - Mar 16 4:21 AM
  • HARRISBURG -- The first regulatory legislation in the Northern Tier relating to the Marcellus Shaleis on its way to Gov. Ed Rendell’s office. State Sen. Gene Yaw sponsored the bill.
    WENY-TV - Mar 16 10:02 PM
  • Reliance Industries, India's biggest company by market value, is interested in buying stakes inshale-gas assets in the US, a person familiar with the energy explorer's plans said.
    Express India - Mar 16 2:46 PM









  • After missing out on the U.S. shale gas rush, most of the biggest Western oil and gas companies are getting in early in exploring for shale gas in Europe.
    Reuters via Yahoo! UK & Ireland News - Mar 16 2:01 AM

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    Sort Results by: Relevance | Date
    • Mainland Resources, Inc. , a Nevada Corporation reports that the Company and an undisclosed buyer have executed a Purchase and Sale Agreement for Mainland's Haynesville Shale interest on the Company's DeSoto Parish, Louisiana leases. Â
      PR Newswire via Yahoo! Finance - Mar 15 6:15 AM
    • HARRISBURG (AP) — Pennsylvania will join other major natural-gas states in requiring the prompt disclosure of production results. State senators unanimously approved the measure Tuesday, six days after the House did the same. Gov.
      Pocono Record - Mar 16 3:39 PM
    • President Barack Obama's top environmental adviser urged the natural gas industry on Tuesday to disclose the chemicals it uses in drilling, warning that the development of massive U.S. shale gas reserves could be held back otherwise. Joseph Aldy, special assistant to the president for energy and the environment, said concerns about water contamination from drilling chemicals could lead to states ...
      Environmental News Network - 13 minutes ago
    • Please enable Javascript to view this content. Get free industry updates via email. Daily News Weekly News Equipment Updates Job Alert Event Alert Our privacy pledge.
      Rigzone - Mar 16 11:42 AM
    • Consol Energy is joining the shale gas party. And its $3.5 billion deal to buy assets from Dominion Resources looks like a bargain. But the investors who knocked Consol’s share price are rightly skeptical, Breakingviews says . By hedging its energy bets, the coal company risks confusing investors and sealing in a conglomerate discount, the publication argues.
      New York Times - Mar 16 1:56 AM
    • Reliance Industries Ltd., the owner of the world’s largest fuel-making complex, is in talks with a western Pennsylvania company to invest in U.S. shale assets, a person familiar with the negotiations said.
      Times Leader - 2 hours, 40 minutes ago
    • Chris Morrison is the mayor of Tamaqua, a community with super-high cancer rates, abandoned toxic coal mines and corporate suitors eager to fill those pits with toxic sludge and fly ash.
      Centre Daily Times - Mar 15 10:07 PM
    • The state Public Utility Commission wants to clarify its role in regulating natural- gas collection and gathering pipelines in the Marcellus Shale region. Century-old regulations need to be rewritten in the face of the explosion of Marcellus drilling in
      The Scranton Times-Tribune - 2 hours, 46 minutes ago
    • Oil and gas company Continental Resources Inc. said Tuesday that it has completed nine wells in the Bakken shale in North Dakota and one in Montana this year along with additional wells in North Dakota and Michigan.
      AP via Yahoo! Finance - Mar 16 10:21 AM
    • King's Lynn fans get their first chance to see the Stars on track tonight when the club hosts a team preview event at the Norfolk Arena. The Young Stars - who have just won a sponsorship deal with Poultec - will be out first, with the senior squad taking to the shale at around 8pm.
      EDP24 - Eastern Daily Press - 2 hours, 58 minutes ago

    • The Economist has a report on the "shale gale" revolution that has changed the market for natural gas in North America. The energy boom has created new questions about the economics of developing ...
      Fairbanks Daily News-Miner - Mar 16 4:22 PM
    • LONDON, March 16 (Reuters) - After missing out on the U.S. shale gas rush, most of the biggest Western oil and gas companies are getting in early in exploring for shale gas in Europe. The following are details of where the big players are active. For an analysis on Shale gas in Europe, please click on
      Interactive Investor - Mar 16 2:44 AM
    • March 15 (Bloomberg) -- Consol Energy Inc., a coal and natural gas producer, agreed to buy Dominion Resources Inc.’s natural gas and oil exploration and production business for $3.48 billion to expand Marcellus Shale reserves.
      Bloomberg - Mar 15 5:59 AM
    • State Sen. Andy Dinniman, D-19th, of West Whiteland, has introduced legislation that would impose a tax on Marcellus Shale natural-gas extraction and use the revenues from that tax to give Pennsylvania homeowners property-tax rebates.
      Main Line Suburban Life - Mar 16 12:41 AM
    • Consol Energy Inc., a coal and natural gas producer, agreed to buy Dominion Resources Inc.'s natural gas and oil exploration and production business for $3.48 billion to expand its MarcellusShale hol ...
      Tulsa World - Mar 16 12:39 AM
    • KINGSTON TOWNSHIP - With the advent of natural gas drilling in the Marcellus Shale formation nearing in Luzerne County, residents are starting to express concerns about potential effects on the environment, especially water supplies.A newly formed group
      The Hazleton Standard-Speaker - Mar 15 6:23 PM
    • The company announced the multi-billion-dollar acquisition of Dominion, Inc.'s exploration and production business, expanding Consol's Marcellus Shale drilling acreage in Pennsylvania and West Virginia.
      WOWK-TV West Virginia - Mar 15 9:37 AM
    • VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 15, 2010) - TransAmerican Energy Inc. (TSX VENTURE:TAE)(FRANKFURT:YQJ) is pleased to announce that it has entered into a Letter of Intent to acquire (the "Acquisition") a 100% interest in 10 Utica shale oil and gas properties comprising 136,000 acres located in Quebec. In consideration therefor, the Company has agreed to pay the vendor a $25,000 ...
      Marketwire - Mar 15 11:38 AM
    • HARRISBURG, Pa.—Pennsylvania will join other major natural-gas states in requiring the prompt disclosure of production results.
      The York Dispatch - Mar 16 2:43 PM
    • VANCOUVER, BRITISH COLUMBIA--(Marketwire - 03/15/10) - TransAmerican Energy Inc. (TSX-V: TAE - News )(Frankfurt: YQJ - News ) is pleased to announce that it has entered into a Letter of Intent to acquire (the "Acquisition") a 100% interest in 10 Utica shale oil and gas properties comprising 136,000 acres located in Quebec. In consideration therefor, the Company has agreed to pay the vendor a $25 ...
      Marketwire via Yahoo! Finance - Mar 15 11:35 AM



















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