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Monday, April 20, 2015

Links of the Day for 4/20/15: Athens Activists Still At It, Anti-Drillers Start Lobbying Clinton, and More

Capital New York:  Anti-fracking groups send a letter to Clinton   -   "Anti-fracking groups are ramping up pressure on former Secretary of State Hillary Clinton to reverse her stance on fracking, days before she is expected to officially announce her campaign for the presidency..."

Shale Energy Law Blog:  Ohio Appeals Court Reaffirms Decision in Hupp v. Beck Energy Corp.   -   "The Seventh District Court of Appeals has reaffirmed its prior decision in Hupp v. Beck Energy Corp. In Belmont Hills Country Club v. Beck Energy Corp. and Bentley v. Beck Energy Corp., the appeals court relied on Hupp in holding that a conditional secondary term does not..."

Akron Beacon Journal:  Athens County group files appeal on new injection well   -   "Athens County Fracking Action Network has appealed the recent permitting of another injection well in Torch, Ohio, owned by Jeff Harper of West Virginia. The latest Athens County frack waste..."

Energy & Environmental Law Blog:  Supreme Court of Ohio Accepts Case Concerning 1989 DMA Look-Back Period   -   "On April 8, 2015, the Supreme Court of Ohio accepted review of Taylor v. Crosby, a case involving the 1989 version of the Ohio Dormant Mineral Act (“1989 DMA”). The court will consider whether ..."

Washington Times:  Feds admit exporting U.S. oil won’t raise gas prices, but Obama continues to resist   -   "With U.S. energy production at near-record highs, pressure is mounting on the Obama administration to lift a 40-year-old ban on crude oil exports. The White House acknowledged last week that sending American crude oil abroad would not drive up domestic gas prices, a common refrain..."

Antero Resources:  Antero Resources First Quarter 2015 Operations Update   -   "Antero's net daily production for the first quarter of 2015 averaged 1,485 MMcfe/d, including 40,000 Bbl/d of liquids (16% liquids). First quarter 2015 production represents an organic production growth rate of 89% and 17% from the first quarter of 2014 and fourth quarter of 2014, respectively. Liquids production for..."

Magnum Hunter:  Magnum Hunter Resources Announces First Quarter 2015 Production Results   -   "Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the "Company" or "Magnum Hunter") announced that the Company's oil and gas production increased ~66% for the three months ended March 31, 2015 to ~14.7 Bcfe (~2.5 million Boe) or an average of..."

GreenHunter:  GreenHunter Resources Reports Fiscal Year 2014 Financial and Operating Results   -   "Revenue from continuing operations increased 5% to $27.1 million for the year ended December 31, 2014 compared to $25.7 million for the year endedDecember 31, 2013. Direct cost of goods and services provided decreased 5% to $18.2 million for the year ended..."

Forbes:  Three Reasons Oil Will Continue to Run the World   -   "While all the buzz surrounds oil prices, the global demand side remains on solid footing: up. Supplying 33% of all energy, oil is the world’s primary fuel. Oil is so important that global demand is ever-growing: 67 million b/d in 1990, 77 million b/d in 2000, and 91 million b/d in 2014. I’ll never understand the animosity of some Westerners..."

Auburnpub.com:  Fracking problems: Activist analyzes hydrofracking and its effects during Wells College forum   -   "The Wells College community gathered Tuesday for a poetic perspective on a long-disputed scientific matter: hydrofracking. Rather than dissect the dispute through science, charts and graphs, visiting speaker Sandra Steingraber, Ph.D., instead probed the use of fossil fuels through anecdotes and..."

Gulfport Energy:  Gulfport Energy Corporation Announces Agreement to Acquire Paloma Partners III, Reports First Quarter 2015 Production and Provides Firm Transportation Update   -   "Gulfport produced oil and natural gas sales volumes of 424.4 MMcfe per day during first quarter 2015, exceeding the Company's previously estimated guidance of approximately 378 MMcfe per day to 390 MMcfe per day. For the first quarter of 2015, Gulfport's production mix was approximately 68% natural gas and 32% oil and natural gas liquids. Gulfport's first quarter 2015 production represented an 11% increase..."

Rex Energy:  Rex Energy Provides First Quarter 2015 Production & Update on Asset Strategy   -   "First quarter 2015 production volumes were 196.0 MMcfe/d, an increase of 60% over the first quarter of 2014, consisting of 128.5 MMcf/d of natural gas and 11.3 Mboe/d of oil and NGLs (including 2.1 Mboe/d of ethane). Oil and NGLs (including ethane) accounted for 34% of net production during the first quarter. In addition, net production from the company's..."

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