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Last updated on April 23, 2014 at 20:10 EDT

Latest Piceance Basin Stories

2010-10-25 09:20:00

SEATTLE, Oct. 25 /PRNewswire/ -- Shale and Sands Oil Recovery LLC (SASOR), a private company, has developed and patented a new method for producing useable oil from oil shale. The new method uses little water and produces minimal amounts of greenhouse gas emissions. It is an in situ technique that uses supercritical material to quickly mature the oil shale from a kerogen-containing rock to shale oil that is ready to be shipped to a refinery. In Colorado's Piceance Basin alone there may be...

2010-10-01 10:08:00

DENVER, Oct. 1 /PRNewswire/ -- Antero Resources today announced that it has entered into definitive agreements to sell its midstream assets located in the Woodford Shale area of the Arkoma Basin of Oklahoma to affiliates of Cardinal Midstream, LLC ("Cardinal") for $268 million in cash. Under the agreements, Antero will sell to Cardinal its 60% membership interest in Centrahoma Processing LLC, which is a joint venture with MarkWest Energy Partners, L.P. that operates two cryogenic...

2010-09-09 16:36:00

Full Database to Go Online Nov. 1 HARRISBURG, Pa., Sept. 9 /PRNewswire-USNewswire/ -- Department of Environmental Protection Secretary John Hanger announced today that preliminary production data for Marcellus Shale natural gas wells in the state is now available online for the first time, offering more transparency for the public. Under Act 15 of 2010, Marcellus operators were required to report their well production totals from July 1, 2009 to June 30, 2010 by Aug. 15. "Governor...

2010-08-13 13:30:00

DENVER, Aug. 13 /PRNewswire/ -- Antero Resources today released its second quarter 2010 results. Those financial statements are included in Antero Resources Finance Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, which has been filed with the Securities and Exchange Commission. Financial Results On a consolidated basis for the three months ended June 30, 2010, Antero realized net revenue of $67.4 million (including cash-settled derivatives but...

2010-07-26 05:30:00

DENVER, July 26 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Delta) (Nasdaq: DPTR), an independent oil and gas exploration and development company, announced today that it has entered into a Purchase and Sale Agreement (PSA) with Wapiti Oil & Gas, L.L.C. (Wapiti) to sell various non-core assets for $130 million. The parties expect to consummate the transaction in August. The non-core assets to be sold to Wapiti include all of Delta's 31% working interest in the Garden Gulch...

2010-07-07 05:30:00

DENVER, July 7 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Delta) (Nasdaq: DPTR), an independent oil and gas exploration and development company, today announced that Carl Lakey has been named Chief Executive Officer, effective immediately. Mr. Lakey most recently served as Senior Vice President of Operations for Delta and has been with the Company since 2007. Mr. Lakey has spent his entire professional career in oil and gas exploration and production. Prior to joining Delta...

2010-05-25 07:30:00

TULSA, Okla., May 25 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today a major acreage acquisition that nearly doubles the company's Exploration & Production holdings in the Marcellus Shale. Williams has acquired approximately 42,000 net acres from Alta Resources LLC and its partners for $501 million. The acreage is primarily located in Susquehanna County in northeastern Pennsylvania. The company estimates that it represents approximately 1.2 trillion cubic feet...

2009-12-02 09:15:00

TULSA, Okla., Dec. 2 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today that Northwest Pipeline GP, Williams' majority-owned subsidiary, has received a certificate from the Federal Energy Regulatory Commission (FERC) approving construction and operation of approximately 15.5 miles of 30-inch diameter mainline loop to bring additional gas supplies from the Piceance Basin to the Opal Hub in Wyo. The project known as the Sundance Trail Expansion will provide 150,000 dekatherms per...

2009-09-29 08:00:00

TULSA, Okla., Sept. 29 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced that the 450-million-cubic-feet-per-day (MMcfd) Willow Creek natural gas processing plant in western Colorado's Piceance Basin has achieved full processing operations. The plant began operations on Aug. 7. "This state-of-the-art facility reinforces our commitment to building large-scale, reliable infrastructure in key basins," said Alan Armstrong, president of Williams' midstream business. "With Willow Creek...

2009-08-10 07:05:00

TULSA, Okla., Aug. 10 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today that it has agreed to purchase additional properties in the Piceance Valley east of the company's existing assets from a private company for approximately $258 million. The parties expect the transaction to close near the end of the third quarter. The assets, which are geologically similar to other Williams assets in the Piceance Valley, could represent an estimated 795 billion cubic feet equivalent...