Latest Shale gas Stories
CALGARY, May 15, 2012 /PRNewswire/ - (TSX: PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") releases its financial and operating results for the first quarter of 2012. A copy of Perpetual's unaudited interim consolidated financial statements and notes and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2012 and 2011 can be obtained through the Corporation's website at www.perpetualenergyinc.com and SEDAR at...
KYIV, Ukraine, May 13, 2012 /PRNewswire/ -- Two of the world's largest oil companies, Royal Dutch Shell plc and Chevron Corp, obtained the right to develop Ukrainian shale gas fields Yuzivske and Oleske, respectively, informed Prime Minister of Ukraine Mykola Azarov in his interview with Euronews. The fields are expected to provide Ukraine with up to ten percent of domestically consumed natural gas by 2020. The estimated investment in the fields will amount to at least...
All financial figures are unaudited and in Canadian dollars (CDN$) unless noted otherwise. All financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS"). This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to...
HOUSTON, May 10, 2012 /PRNewswire/ -- Hart Energy's 5th annual Oil and Gas Investor Energy Capital Conference (ECC), scheduled for June 6-7 in Houston, will bring two dozen leading finance and energy executives to the stage for keynote addresses and roundtable discussions. The esteemed ECC speakers will explore energy industry trends they see in finance, commodity prices, merger and acquisition activity, and strategy. This year, ECC examines critical issues facing energy...
HOUSTON, May 8, 2012 /PRNewswire/ -- Janine J. McArdle, senior vice president, Apache Corp., has joined the slate of executive speakers at Hart Energy's Developing Unconventionals (DUG(TM)) Canada conference and exhibition, June 18-20, at the TELUS Convention Centre, in Calgary, Alberta, Canada. The event is presented jointly with the Canadian Society for Unconventional Resources (CSUR). McArdle and executives from Ziff Energy Group and Canada West Foundation will address developing...
HOUSTON, May 7, 2012 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced financial and operating results for the first quarter ended March 31, 2012. CASH FLOWAdjusted earnings before interest, taxes, DD&A, non-cash general and administrative expenses and exploration ("EBITDAX") increased by 20% to $40.4 million in the quarter, compared to $33.7 million in the prior year period (see accompanying table for a reconciliation of EBITDAX, a non-GAAP...
WASHINGTON, May 3, 2012 /PRNewswire-USNewswire/ -- The United States has a "once-in-a-generation opportunity to capitalize on increased supplies of natural gas," American Chemistry Council President and CEO Cal Dooley stated in a recent interview with Bill Loveless on Platts Energy Week TV, a weekly energy news program that reaches stakeholders in the energy sector, including industry executives, lawmakers and policymakers. "Natural gas is what has contributed to the U.S. chemical...
HOUSTON, May 3, 2012 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the first quarter of 2012. Highlights include: Gas and oil production of 133.4 Bcfe, up 16% compared to year-ago levels Net income and net cash provided by operating activities before changes in operating assets and liabilities (a non-GAAP measure reconciled below) declined compared to year-ago levels due to lower realized gas prices...
Ohio's Natural Gas Spurring Job Creation, Driving Economic Growth COLUMBUS, Ohio, May 2, 2012 /PRNewswire-USNewswire/ -- The American Chemistry Council (ACC) participated in today's Ohio Energy Jobs Summit to highlight how abundant and affordable supplies of natural gas from shale will create jobs, boost exports, and increase investment in Ohio. The Columbus event was hosted by The Hill newspaper, sponsored by the Coalition for American Jobs, and included a broad...
HOUSTON, May 1, 2012 /PRNewswire/ -- Honghua Group Limited, the largest exporter of drilling rigs in China, announced today the launch of its new, integrated shale gas exploitation solution. A drilling and fracturing site utilizing Honghua's new system offers extensive benefits compared to a conventional fracturing site, including a reduction in equipment and operational footprint, equipment and energy cost savings and environmental considerations. (Photo:...
