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Latest Carboniferous Stories

2008-10-01 09:00:41

Chesapeake Energy Corporation (NYSE:CHK) today announced its wholly-owned subsidiary, Chesapeake Energy Marketing, Inc., has entered into a ten-year agreement for firm transportation of 375 million cubic feet (mmcf) per day of natural gas and an option to transport an additional 125 mmcf per day on the Fayetteville Express Pipeline, a new 42-inch, 187-mile pipeline system to be constructed by Kinder Morgan Energy Partners, L.P. and Energy Transfer Partners, L.P. The pipeline system that...

2008-09-24 15:00:56

RAM Energy Resources, Inc. (Nasdaq: RAME) today announced an update to operating activity. Operational Highlights: -- Four wells drilled on the company's North Texas Barnett Shale properties during the last several months recently began producing during August, adding to production in the third quarter 2008; -- RAM expanded its position in the company's West Virginia Devonian Shale play with the purchase of a 14 mile pipeline, 6,000 acres of leases and approximately one...

2008-09-19 03:00:23

By Schofield, D I Evans, J A; Millar, I L; Wilby, P R; Aspden, J A A new U-Pb date of 615.2 +- 13 (2sigma) Ma for the Twt Hill Granite, North Wales, contrasts with an Rb-Sr isochron age of 491 +- 12 (2sigma) Ma from the same body. The latter age is thought to result from isotope resetting during regional low-grade metamorphism or fault reactivation. The Rb-Sr age also coincides with the onset of latest Cambrian to Early Tremadoc regression and is taken to reflect tectonic uplift prior to...

2008-09-11 12:00:37

In the oil patch, they are calling it the "shale sweepstakes" -- a fevered rush to purchase drilling rights to natural gas that lies deep in deposits of shale rock. Output from these fields has been on a rocket ride for the past four years. It is the reason why natural gas production overall in the U.S. is expected to jump 9% in 2008, after nearly a decade of no growth. This is good news for consumers who'll be turning up their gas furnaces this winter. Natural gas prices have fallen 50% --...

2008-09-08 12:00:36

Dune Energy, engaged in the exploration and production of natural gas and crude oil, has closed $38.1 million of its previously announced sale of its Barnett Shale assets, located in the Denton and Wise counties of Texas. The difference between the $38.1 million and the $41.5 million original sale price reflects post-closing adjustments. These funds will be used to eliminate the $28.1 million outstanding on Dune's $40 million revolving credit facility, and for general corporate purposes....

2008-09-08 12:00:35

By Jerry Shottenkirk On a day when declining companies doubled up the gainers 2-1 on Wall Street, state energy stocks - particularly oil and gas exploration and production companies and service providers - responded to higher oil prices and were up all across the board. There aren't many stagnant stocks among Oklahoma energy companies, and on Monday, they once again bucked a Wall Street trend. "On Friday the Dow took a 200-point hit and all our energy stocks around here were up," said...

2008-09-04 09:00:42

Vortex Resources Corp. (the "Company") (OTC BB: VTEX) announced today that it has signed a Memorandum of Understanding (the "MOU") to enter into a definitive asset purchase agreement with Blackhawk Investments Limited ("Blackhawk"), based in London, England. Blackhawk will exercise its exclusive option to acquire all of the issued and allotted share capital in Sandhaven Securities Limited ("SSL"), and its underlying oil and gas assets in NT Energy (about 62% control). NT Energy holds rights...

2008-09-03 09:00:39

Xtreme Oil & Gas, Inc. (Pink Sheets: XTOG) is pleased to announce that it has entered into a contract to purchase and develop approximately 936 acres in the Haynesville Shale. Xtreme's target in the Haynesville Shale is to acquire 50,000 acres. Xtreme Oil & Gas announced today that it has entered into a contract for the purchase and development of approximately 936 acres in the North East Texas region where Haynesville Shale is present. The property is presently undeveloped and...

2008-09-02 06:00:21

Chesapeake Energy Corporation (NYSE:CHK) and BP America (NYSE:BP) today announced the execution of a Letter of Intent for a joint venture whereby BP will acquire a 25% interest in Chesapeake's Fayetteville Shale assets in Arkansas for $1.9 billion. The assets have current daily net production of approximately 180 million cubic feet of natural gas equivalent and include approximately 540,000 net acres of leasehold which the companies believe could support the drilling of up to 6,700 future...

2008-09-02 06:00:21

RANGE RESOURCES CORPORATION (NYSE:RRC) Range Resources today provided an operations update. Previously the Company had indicated that the first phase of the pipeline and processing build out for its Marcellus Shale development in Appalachia was expected to be completed in the first quarter of 2009. Marcellus production was previously anticipated to reach 30 Mmcfe per day by the end of the first quarter 2009. Due to excellent progress by the Range and MarkWest teams and the various...


Latest Carboniferous Reference Libraries

Atrypa
2014-01-12 00:00:00

Atrypa (lampshell) is an extinct genus of brachiopod from the Late Ordovician stage (444 million years ago) to the Carboniferous stage (318 mya). It occurs abundantly as fossils in marine rocks. Fossils have been found on all continents except Antarctica. This animal has distinctive concentric growth lines and is unusual in that in some Devonian beds there are numerous remains of the pedicle (foot) valve, but very few of the brachial (upper) valve -- scientists speculate that strong ocean...

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Word of the Day
conjunto
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin