Gastar Exploration Ltd. announced its financial and operational results for the three months and full year ended December 31, 2008. The company reported that there has been a 29% increase in natural gas production to 23.3 MMcfe per day for full-year 2008, compared to 18.1 MMcfe per day in 2007. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]
By Duncan Sutherland- Exclusive to Gas Investing News Contracts for August delivery of natural gas slid before the weekend as Tropical Storm Dolly appeared to be dissipating. However, the storm intensified into a hurricane early in the week, spurring precautionary shutdowns of some oil and gas infrastructure in the Gulf of Mexico. Reuters is reporting [...]
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