Latest Geology of New Jersey Stories

Trans Energy, Inc. Announces Expansion Of Existing Credit Facility To $75 Million From $50 Million

2013-03-06 12:21:25

Additional $25 Million to Fund 2013 Marcellus Shale Development Program ST. MARYS, W. Va., March 6, 2013 /PRNewswire/ -- Trans Energy, Inc. (OTCQB: TENG), a pure play Marcellus Shale exploration and production company, today announced that it has increased the size of its existing credit facility to $75 million from $50 million. The expanded facility closed and was funded on February 28, 2013. John Corp, President of Trans Energy, said, "The expanded credit facility further...

Cabot Oil & Gas Corporation Increases Proved Reserves 27 Percent to 3.8 Tcfe

2013-02-21 20:21:50

HOUSTON, Feb. 21, 2013 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported year-end 2012 proved reserves of 3.8 trillion cubic feet equivalent (Tcfe), an increase of 27 percent over year-end 2011. This is 100 percent organically generated growth and represents the third consecutive year of reserve growth exceeding 20 percent, after adjusting for the sale of its Rocky Mountain properties in 2011. Total reserve replacement from all sources was 417 percent...

Southwestern Energy Announces 2012 Financial And Operating Results

2013-02-20 16:23:27

HOUSTON, Feb. 20, 2013 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the fourth quarter and the year ended December 31, 2012. Calendar year 2012 highlights include: Gas and oil production of 565 Bcfe, up 13% over 2011 Adjusted net income of $485.2 million, which excludes non-cash ceiling test impairments of natural gas and oil properties and unrealized net gains on derivative contracts (a non-GAAP measure reconciled...

Trans Energy, Inc. To Present At EnerCom's Oil & Services Conference

2013-02-20 08:24:32

ST. MARYS, W. Va., Feb. 20, 2013 /PRNewswire/ -- Trans Energy, Inc. (OTCQB: TENG), a pure play Marcellus Shale exploration and production company, announced today that Chairman Steve Lucado and President John Corp will present today, Wednesday, February 20, 2013, at EnerCom's Oil & Services Conference 11 being held at the Omni San Francisco Hotel located in San Francisco, California. The presentation will begin at 10:55 a.m. Pacific Time (1:55 p.m. Eastern time) and will be...

Noble Energy Announces Its Fourth Quarter and Full Year Results Webcast and Conference Call

2013-02-06 12:22:05

HOUSTON, Dec. 19, 2012 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) will host its fourth quarter and full year 2012 results webcast and conference call at 9:00 a.m., Central Time, Thursday, February 7, 2013. The webcast will be accessible on the 'Investors' page of the Company's website, www.nobleenergyinc.com. Conference call numbers for participation are 888-293-6979 and 719-325-2289. The pass code number is 4391329. A replay will be available at the same web location until...

Natural Resource Partners L.P. Acquires Marcellus Oil and Gas Interests

2012-12-20 16:21:39

HOUSTON, Dec. 20, 2012 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE:NRP) today reported that it has acquired overriding royalty interests in the Marcellus Shale for $30.3 million. The acquisition was funded through the partnership's credit facility. (Logo: http://photos.prnewswire.com/prnh/20060109/NRPLOGO) The acquisition is on approximately 88,000 net acres located mainly in the liquids rich region of the Marcellus Shale. The acreage is currently leased and includes...

Noble Energy Announces Its Fourth Quarter and Full Year Results Webcast and Conference Call

2012-12-19 16:21:24

Trans Energy, Inc. Reports Production Results On Anderson Wells In Wetzel County, West Virginia

2012-11-27 08:22:27

ST. MARYS, W. Va., Nov. 27, 2012 /PRNewswire/ -- Trans Energy, Inc. (OTCQB: TENG), a pure play Marcellus Shale exploration and production company, today announced production results on the Anderson #5H and Anderson #7H in Wetzel County, West Virginia. 30-Day Production Rate Sets New Company Record Initial 30-day production rates from the Anderson #5H and Anderson #7H averaged 9,637 Mcfe/d and 7,095 Mcfe/d, respectively. The 30-day IP rate from the Anderson #5H represents a 26...

In The Last 300,000 Years The Alhama de Murcia Fault Has Experienced At Least 6 Major Earthquakes

2012-11-12 13:13:08

FECYT - Spanish Foundation for Science and Technology Enjoying Spanish participation, an international group of researchers have analyzed the most recent history of the Alhama de Murcia fault. They discovered that it has experienced six major earthquakes above 7 on the Richter scale. According to the scientists, this provides "convincing evidence" that the maximum earthquake magnitudes in the area are higher than originally thought. Since 2001, researchers from the Universities of...

Trans Energy, Inc. Provides Operations Update On Marcellus Horizontal Drilling Program

2012-11-08 08:26:23

ST. MARYS, W.Va., Nov. 8, 2012 /PRNewswire/ -- Trans Energy, Inc. (OTCQB: TENG), a pure play Marcellus Shale exploration and production company, today announced production results on the Dewhurst #110H and Dewhurst #111H in Wetzel County, West Virginia. 30-Day Production Rates Set Company RecordInitial 30-day production rates from the Dewhurst #110H and Dewhurst #111H averaged 6,765 Mcfe/d and 8,146 Mcfe/d, respectively. Both the Dewhurst #110H and Dewhurst #111H produced at...