Tagged Mergers and Acquisitions

Wild-Eyed Eric Schneiderman Takes Russian Oil Money?

Tom Shepstone Shepstone Management Company, Inc.   It’s hard to imagine a more despicable demagogic pol than Eric Schneiderman, New York’s wild-eyed Attorney General and NRDC shill. But, Russian oil money? Eric Schneiderman may be the nastiest, most under-handed politician in America. He promotes and does the dirty work of the NRDC gang. He harasses tiny…

Infrastructure: Linking Pennsylvanians to Clean, Abundant Natural Gas

With 11 new critical interstate pipeline projects brought online in 2016 and another 25 under development or scheduled for completion this year – according to a new report from the federal Energy Information Administration – our region is making important progress on getting the needed pipeline infrastructure in place to move more clean-burning, Pennsylvania-produced natural…

Carbon Natural Gas Buys Cabot’s Conventional Wells in WV-OH-VA

Carbon Natural Gas Company, through its affiliate Carbon Appalachian Company, teased in a press release issued yesterday that the company has just completed the acquisition of “natural gas producing properties and related facilities” located “predominantly in the State of West Virginia” for $21.5 million. The release does not identify the seller–but MDN believes we know…

Pin Oak Energy acquires wells in Utica shale

Pin Oak Energy Partners acquired 10 wells in Ohio and Pennsylvania, 7,700 acres of leases, 22 miles of pipeline and an office in Hermitage. The post Pin Oak Energy acquires wells in Utica shale appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter

Solar Squeezed As Net Metering Scam Comes to End

Institute for Energy Research …. ….   Solar energy makes sense when it’s not subsidized with net metering scams but sales dependent on those scams are being squeezed out as they are phased out. Rooftop solar installations have seen explosive growth, but that growth explosion is expected to change this year. Bloomberg News Energy Finance…

PwC Report: Marcellus Dominates O&G M&A Deals in 2Q17

According to one of the top accounting/consulting firms in the world, PricewaterhouseCoopers (PwC), mergers & acquisitions (M&A) activity in the oil and gas sector in the U.S. went from being red hot in 1Q17 ($73.04 billion) to just hot in 2Q17 ($37.01 billion). While some in the financial (and oil/gas community) may view the weaker…

Millennium Calls Foul on DEC, Asks FERC to Curb NY

Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … …  Millennium Pipeline asks FERC to intervene and issue them a Notice to Proceed after Gov. Cuomo and NY DEC refuse to approve the necessary permits. This is it folks. This is the case that will crush New York Gov. Andrew Cuomo’s blockade of important pipeline projects…

New report shows 2Q largest for Marcellus deals since 2015

According to a new industry report, there was more than $10 billion in mergers and acquisitions in the Marcellus region in Q2 2017. The report, from PwC, noted a total of $10.2 billion in deals in the Marcellus region, part of $37 billion in total oil and gas deals during the same period. In the…

New England Sleeps As Gentry Class Fractivists Steal It Blind

Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … …  New England is facing a bleak energy future according to its electric grid operator. Gentry class fractivists are stealing it blind as they kill pipelines. Last December, Spectra Energy pushed the pause button on their Access Northeast Pipeline project, a roughly $3 billion project in New…

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…

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