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Latest Geology of New Jersey Stories

2013-04-22 12:24:20

HOUSTON, April 22, 2013 /PRNewswire/ -- Gastar Exploration Ltd. (NYSE MKT: GST) today announced that it has entered into a definitive agreement to sell its East Texas assets to Cubic Energy, Inc. (NYSE MKT: QBC) for $46.0 million, subject to customary closing adjustments. The transaction is expected to close on or before June 5 2013, with a property sale effective date of January 1, 2013. "This sale allows Gastar to redeploy capital to our higher return projects in the Marcellus Shale and...

2013-04-08 08:23:04

HOUSTON, April 8, 2013 /PRNewswire/ -- Gastar Exploration Ltd. (NYSE MKT: GST) today announced that the Company will be presenting at the 2013 IPAA Oil and Gas Investment Symposium to be held on April 15 - 17, 2013, at the Sheraton New York Hotel and Towers in New York City. J. Russell Porter, President and Chief Executive Officer, will make a presentation on Tuesday, April 16 at 11:45 a.m. Eastern Time. To listen to an audio webcast of the presentation and view accompanying...

2013-04-02 20:20:35

BOCA RATON, Fla., April 2, 2013 /PRNewswire/ -- On April 2, 2013, the Wall Street Journal published an article entitled, "As Big Drillers Move In, Safety Goes Up." The article featured a number of statements about East Resources, Inc. ("East") and its environmental compliance record with respect to the Marcellus Shale well program conducted prior to the sale of East's Pennsylvania assets in July of 2010 to an affiliate of Royal Dutch Shell. East would like to correct a number of...

2013-04-02 08:21:00

ST. MARYS, W. Va., April 2, 2013 /PRNewswire/ -- Trans Energy, Inc. (OTCQB: TENG), a pure play Marcellus Shale exploration and production company, today announced that the executive management team will visit with investors in the greater New York City area from April 15 to April 17. The executive management team, including John Corp, President, and Steve Lucado, Chairman, will review and discuss the company's growing operational success in the Marcellus Shale in Marshall,...

2013-03-18 08:21:13

DENVER, March 18, 2013 /PRNewswire/ -- 2012 Release Highlights: Record annual net production of 334 MMcfe/d, a 37% increase over 2011 including discontinued operations 93% increase in Appalachian net annual production to 239 MMcfe/d in 2012, excluding discontinued operations 73% increase in proved reserves to 4.9 Tcfe, pro forma for the sale of Arkoma and Piceance properties in 2012 All-in finding and development costs averaged $0.64/Mcfe for proved reserve additions from all...

2013-03-13 16:22:23

HOUSTON, March 13, 2013 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) will host its first quarter 2013 results webcast and conference call at 9:00 a.m., Central Time, Thursday, April 25, 2013. The webcast will be accessible on the 'Investors' page of the Company's website, www.nobleenergyinc.com. Conference call numbers for participation are 877-681-3378 and 719-325-4749. The pass code number is 4605754. A replay will be available at the same web location until July 25, 2013....

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...

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 at a...

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 below)...

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 webcast...