Ridgetop Energy acquires Keystone Wireline Inc.
The acquisition marks the second of its kind for Ridgetop Energy. The post Ridgetop Energy acquires Keystone Wireline Inc. appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter
Tagged Mergers and Acquisitions
Fractivists Use Pennsylvania Supreme Court As Weapon
Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … … Fractivists have succeeded (barely) in employing the Pennsylvania Supreme Court as a disruptive weapon against natural gas development in the Commonwealth. As they so often do, radical environmentalists are creating chaos and confusion; this time in Pennsylvania. As MDN reported, earlier this week the Pennsylvania Supreme…
Power Thirsty River Basin Commissions Out of Control
Tom Shepstone Natural Gas NOW … … River basin commissions created by compacts to coordinate water resource planning have become greedy bureaucratic empires thirsty for ever more control. There is battle for sovereignty going on this country between states and river basin commissions they created long ago to jointly develop water resources. It’s like a…
EQT to acquire Rice Energy for $6.7B
EQT Corp. and Rice Energy Inc. have entered into a definitive merger agreement. Continue Reading: Latest News
Rice Energy, one of Ohio’s biggest oil and gas drillers, being acquired for $6.7B
An oil and gas company already one of the region’s most active drillers has bought an Ohio shale-drilling powerhouse for $6.7 billion, creating a monster in the domestic natural-gas industry. EQT Corp. announced the planned acquisition of Rice Energy Inc. on Monday. Both companies are especially active in the Marcellus shale in nearby southwestern Pennsylvania,…
Ridgetop Energy buys Bradford company
Marks second acquisition for Canonsburg-based startup focused on Marcellus and Utica plays. Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
Here’s how many people will lose their jobs as Noble Energy closes Marcellus office
Its natural gas assets in southwestern Pennsylvania will be acquired by HG Energy. Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
Kalnin Ventures acquires fourth Marcellus asset
The company acquired the asset for $16.25 million from Zena Energy LLC, on behalf of Banpu Pcl. The post Kalnin Ventures acquires fourth Marcellus asset appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter
Kalnin Ventures signs PSA for fourth Marcellus asset acquisition
Kalnin Ventures LLC has signed a Purchase and Sale Agreement on its fourth acquisition of a non-operating portfolio in the northeast portion of the Marcellus Shale, on behalf of its BKV Fund and investor Banpu Pcl. Continue Reading: Latest News
CEO: Canada LNG Developer Pieridae Seeking Natural Gas Acquisitions
Pieridae Energy Ltd, the company behind a proposed liquefied natural gas terminal on Canada’s east coast, is looking to buy producing assets in western Canada or in the Marcellus shale play in the United States, its chief executive said. Continue Reading: Rigzone.com: Latest News Headlines
Diversified Gas & Oil keeps expanding
Diversified Gas & Oil recently acquired 8,400 Marcellus oil and gas wells in Pennsylvania and West Virginia. The post Diversified Gas & Oil keeps expanding appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter
Birmingham company makes huge Marcellus Shale acquisition
A Birmingham-based energy company recently acquired a large portfolio of Marcellus oil and gas wells in Pennsylvania and West Virginia. According to our sister publication in Pittsburgh, Titan Energy – which entered the Marcellus Shale with the acquisition of Atlas Resource Partners LP’ assets last year- sold roughly 8,400 conventional and Marcellus oil and gas…
Titan Energy to sell off Pennsylvania, West Virginia assets
Titan Energy, which entered the Marcellus Shale with the acquisition of Atlas Resource Partners LP’ assets last year, is selling its wells in Pennsylvania and West Virginia for $84.2 million. The buyer is Diversified Gas & Oil PLC (AIM: DGOC), an existing natural gas and oil production company in the Appalachian basin that is based…
OMG! Ommegang Wants Power Now!
Tom Shepstone Shepstone Management Company, Inc. Hard as it is to believe, Ommegang, the Otsego County beer folks who trendily opposed fracking, now, after losing power and beer, want power. NIMBY justice. I’ve refused to drink Ommegang beer since 2012 when it became perfectly obvious what a bunch of trendy hypocrites the gang really…
Deal of the Week: Noble Energy exits Marcellus in $1.2B deal, shifts onshore focus
The skinny Houston-based Noble Energy Inc. (NYSE: NBL) will sell all of its upstream Marcellus Shale assets in northern West Virginia and southern Pennsylvania to an undisclosed buyer for nearly $1.23 billion. The deal, which is expected to close by the end of the second quarter, will allow the company to pay off debt from…