Latest natural gas Stories
RECURRING NET INCOME RISES 10% ON SOUND PERFORMANCE ACROSS ALL GAZ MÉTRO SEGMENTS Highlights: Valener -- At $24.0 million, recurring net income rises $2.2 million; and -- Quarterly dividend maintained at $0.25 per common share. Gaz Métro -- At $115.8 million, recurring net income rises $9.2 million; -- A $7.2 million1 increase in net income generated in Vermont following the June 2012 acquisition of Central Vermont...
DENVER, May 13, 2013 /PRNewswire/ -- Highlights: Net daily production averaged 383 MMcfe/d, up 114% over first quarter 2012 production from continuing operations Net daily production was up 21% sequentially from net daily production from continuing operations in the fourth quarter of 2012 Net daily liquids production was 2,392 Bbl/d, up 166% sequentially from net daily liquids production from continuing operations in the fourth quarter of 2012 Reported GAAP loss was $48 million...
HOUSTON, May 10, 2013 /PRNewswire/ -- Far East Energy Corporation (OTCBB:FEEC) today announced that appraisal well SYS03 has reached total depth; preliminary gas content has been determined for the SYE06 appraisal well; and, the 108D, an additional production well has spudded, bringing to 14 the number of wells spudded thus far in 2013. The focus for the company remains the drilling and well-fracing program that management detailed in its conference call held April 18, 2013, and...
CRANBERRY, Pa., May 10, 2013 /PRNewswire/ -- PLS Logistics Services, a leading provider of transportation management, technology and brokerage solutions for industrial shippers announced the results of its 2(nd) annual survey of industrial freight carriers on the use of liquefied natural gas (LNG) powered trucks. Natural gas production is becoming big business in North America. According to the Energy Information Administration, demand for this cheaper, cleaner energy source will...
Solid Operating and Financial Results Supports Development Plan to Double Production at Glacier (TSX: AAV, NYSE: AAV) CALGARY, May 9, 2013 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the financial and operating results for the three months ended March 31, 2013. The following press release summarizes and discusses the unconsolidated financial and operating highlights for Advantage (excludes Longview Oil Corp)....
CALGARY, May 9, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to provide an operations update on its core Michichi area. The results from the Company's latest round of drilling started in Q4-2012 demonstrate the significant advancement in the Company's knowledge of the area. The Company is also pleased to announce that its board of directors has approved the adoption of an advance notice by-law on May 9, 2013. Michichi Early in...
Strong start to 2013; $1.3 billion of recently secured projects to drive continued growth All financial figures are in Canadian dollars unless noted otherwise. This report contains forward-looking statements and information that are based on Pembina Pipeline Corporation's ("Pembina" or the "Company") current expectations, estimates, projections and assumptions in light of its experience and its perception of historic trends. Actual results may differ materially from those...
CALGARY, May 9, 2013 /CNW/ - Winstar Resources Ltd. ("Winstar" or the "Company") (TSX: WIX) management and Board of Directors present the operating and financial results for the three months ended March 31, 2013 plus an update on the announced April 25, 2013 transaction. The first three months of 2013 were a turbulent time for Winstar's field operations in Tunisia and a demanding period for Winstar's Special Committee and Board of Directors. The operating and financial results...
Indiana University "Eternal flames" fueled by hydrocarbon gas could shine a light on the presence of natural gas in underground rock layers and conditions that let it seep to the surface, according to research by geologists at the Department of Geological Sciences and the Indiana Geological Survey at Indiana University Bloomington. A little-known but spectacular flame in Erie County, N.Y., is the focus of an article in the journal Marine and Petroleum Geology, co-authored by Agnieszka...
HOUSTON, May 9, 2013 /PRNewswire/ -- Sabine Oil & Gas LLC today reported its unaudited first quarter 2013 financial and operating results. (Logo: http://photos.prnewswire.com/prnh/20130325/MM83201LOGO) Key First Quarter Results: In the Anadarko Basin, the Company completed a Granite Wash well with an average gross production rate of over 1,140 BOEPD (71% oil) for the first 90 days of production In the Eagle Ford Shale, the Company completed one well during the quarter and...
