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Don’t Miss These Top 5 SHALE INSIGHT™ 2017 Events

Are you headed to Pittsburgh for SHALE INSIGHT™ 2017? Here are the Top 5 can’t miss-events for the seventh annual conference. 1. Policy Insight from Top Government Officials: U.S. Secretary of Labor Alex Acosta and U.S. Deputy Energy Secretary Dan Brouillette will kick off this year’s conference Wednesday morning by discussing workforce development and the…

The Curious Case of Anti-Fracking Groups Activity in Nevada

The usual anti-fossil fuel suspects, Sierra Club and Center for Biological Diversity (CBD), are “searching for water in the desert” with a new lawsuit filed to challenge the U.S. Bureau of Land Management’s (BLM) June sale of oil and gas leases in Nevada, a state with barely any oil and gas activity to speak of. This…

Antero Resources Picks Up a Cool $1B from “Delevering” Initiative

Ever hear the word “delevering” used in a sentence? How about this: “Antero Resources announces completion of $1 billion delevering program.” Yeah, financial mumbo jumbo. What the heck is delevering? We’re not quite sure. But we can interpret Antero Resources’ announcement yesterday for you, which included the aforementioned sentence. Here’s the translation: Antero has raised…

Texas Private Equity Firm Forms to Invest in Marcellus/Utica

District 5 Investments, an energy-focused private equity firm based in Texas, has formed a new subsidiary called Pathfinder Resources in order to invest in the Marcellus/Utica region. According to an announcement yesterday, Pathfinder will focus on acquiring “producing and non-producing oil and gas mineral interests, royalty interests and non-operated working interested” across the U.S., but…

Civil Debate in Plum, PA re Proposed Wastewater Injection Well

As MDN reported in July, the Federal Environmental Protection Agency (EPA), the agency in charge of approving oil and gas wastewater injection wells, is currently reviewing an application and plan from Penneco Environmental Solutions (division of Penneco Oil Co.) to convert a plugged gas well into a brine (wastewater) injection well in Plum, PA–near Pittsburgh…

PA Sending Wrong Message to O&G, Petrochemical, Manuf Industries

Over the years MDN editor Jim Willis has had the pleasure of meeting many great people–both in the shale industry and in other industries that overlap with shale energy. One such person is Charlie Schliebs, managing director of the Pittsburgh-based Stone Pier Capital Advisors. Charlie is a long-time MDN subscriber (and friend). He’s a money…

Corrupt DEC Bans PA Marcellus Brine in NY, Tightens Other Brine Use

The Andrew Cuomo-corrupted New York State Dept. of Environmental Conservation (DEC), run by NRDC gang member Basil Seggos, has just slammed the door on New York towns using brine from the Pennsylvania Marcellus. Earlier this week the DEC posted new final regulations as part of “strengthening” the state’s solid waste regulations, referred to as Part…

Marcellus & Utica Shale Story Links: Fri, Sep 22, 2017

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Wayne Forest lease sales change lives with nearly $7M to date; WV’s Charlie Burd ‘Man of the Year’; Shell teaches kids about energy jobs; corrupt Cuomo colludes with other governors to fleece residents re climate change; PA’s…

Regional Greenhouse Gas Initiative Is Actually Raising Energy Prices

Institute for Energy Research …. ….   States participating in the Regional Greenhouse Gas Initiative, are seeing there already high energy bills, go higher; far different from its intention. The Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program between nine northeastern and mid-Atlantic states, was recently extended. The states (Maryland, Connecticut, Delaware, Maine, Massachusetts, New…

Australia’s Demand for Renewables Drives Energy Prices Way Up

K.J. Rodgers Crownsville, Maryland   …. ….  Australia’s Renewable Energy Target is producing more renewable energy; however, their energy prices are now the most expensive in the world.  Since the dawn of the shale natural gas revolution, we have watched how quickly energy prices have fallen, how our carbon emissions have dropped, and how our own…

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