Latest Carboniferous Stories
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.
RAM Energy Resources, Inc. (Nasdaq: RAME) today announced an update to operating activity.
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.
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.
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.
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.
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.
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.
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.
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.
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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