SEC Subpoenas Shale Gas Drillers Over Production Claims
Controversy surrounding a New York Times series arguing that the shale gas industry is misleading investors has drawn the SEC into the fray.
Controversy surrounding a New York Times series arguing that the shale gas industry is misleading investors has drawn the SEC into the fray.
Shale gas has already been dubbed a ‘game changer’ for US energy markets - these three hotspots may prove to be just as fruitful.
Prices are expected to rise, initially pushed higher by increased gas demand for cooling, as Senior Meteorologist Joe Bastardi of AccuWeather.com predicted this summer to be the “hottest summer since 2005 for much of the nation” and later from increased demand in industrial and power generation.
Natural gas development has sent millions of dollars to North Texas cities that sit on top of the rich Barnett Shale gas play, but those cities aren’t putting the cart before the horse. For full story, click here
Reports reveal that several issues related to Marcellus Shale natural gas prospecting dominated the agenda for the Sullivan County Legislature’s Planning, Environmental Management and Real Property Committee. For full story, click here
The three leading natural gas companies in the Barnett Shale produced more fuel than ever during the first quarter, even as market prices dipped. For full story, click here
During 2008, Shale gas transaction accounted for more than 35 percent of U.S. deal value, while gas represented more than 70 percent of acquired proven reserves for the third consecutive year. For full story, click here
An average 26-fold increase in Pennsylvania’s permitting fee to drill for natural gas in the Marcellus Shale rock formation is likely to be implemented next month. For full story, click here
Stealth Ventures Ltd. in accordance with disclosure requirements prescribed by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities declared the results of its 2008 independent reserve evaluation report by Sproule Associates Limited. For full story, click here
An industry group reported that natural gas drilling in the Barnett Shale produces far less air pollution than an SMU researcher estimated in a publicized study last month, escalating a war of words that has been going on since the fall. For full story, click here
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