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Latest Piceance Basin Stories

2011-09-28 13:34:43

New technology that combines production of electricity with capture of carbon dioxide could make billions of barrels of oil shale – now regarded as off-limits because of the huge amounts of carbon dioxide released in its production – available as an energy source. That's the topic of the latest episode in the American Chemical Society's (ACS) award-winning "Global Challenges/Chemistry Solutions" podcast series. Adam Brandt, Ph.D., notes in the podcast that almost 3 trillion...

2011-08-03 08:22:00

CALGARY, Aug. 3, 2011 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to announce that it has spudded its first well, "Baldwin-2", in the Southern Georgina Basin in the Northern Territory, Australia. PetroFrontier began drilling Baldwin-2 on the morning of Wednesday August 3, 2011, Australian Central Standard Time. Baldwin-2 is located in the southwestern part of EP 103 in the Southern Georgina Basin. PetroFrontier has a 100% working interest in EP...

2011-08-02 15:00:00

DENVER, Aug. 2, 2011 /PRNewswire/ -- Antero Resources today announced a revised 2011 outlook. This same revised outlook was filed with the SEC in an 8-K on July 27, 2011, prior to launching and pricing our senior note offering which closed on August 1, 2011. Based on current production levels, increased well recoveries in the Marcellus Shale and Piceance Basin, improved visibility into timing on infrastructure projects in progress in the Marcellus Shale and Piceance Mesaverde Plays,...

2011-07-28 07:00:00

DENVER, July 28, 2011 /PRNewswire/ -- Delta Petroleum Corporation (Delta or the Company) (NASDAQ Capital Market: DPTRD), an independent oil and gas exploration and development company, announced today that it retained Netherland Sewell & Associates, Inc. (NSAI or Netherland Sewell) to provide independent engineering of the Company's proved, probable and possible reserves and resources in support of the Company's strategic alternatives process. NSAI has recently concluded its...

2011-07-25 07:00:00

DENVER, July 25, 2011 /PRNewswire/ -- Delta Petroleum Corporation (Delta or the Company) (NASDAQ Capital Market: DPTR), an independent oil and gas exploration and development company, announced today that the 2C-433D well began producing hydrocarbons on Wednesday, July 20, at a choke-restricted rate of 5.4 million cubic feet of gas per day (MMcf/d) with 8360 psi of flowing tubing pressure. Gas sales from the well began on Thursday, July 21. The well continues to produce at a choke...

2011-07-21 17:56:00

DENVER, July 21, 2011 /PRNewswire/ -- Antero Resources announced today that its proved reserves at June 30, 2011 increased 10% to 3.6 Tcfe while proved, probable and possible reserves (3P) increased by 37% to 14.3 Tcfe. Antero also announced that it has increased its natural gas hedge position since May 2011 to 465 Bcfe with an average NYMEX-equivalent price of $5.92 per MMBtu. Proved Reserves At June 30, 2011, Antero added 194 Bcfe of proved reserves through the drill bit and 168 Bcfe...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.