Mouse Over to Stop Rotation & Read Ad

Friday, June 17, 2016

06/17/16 Links of the Day: Donations, Pipeline Updates, Price Recoveries, Mergers, and More

Gas & Oil:  Utica Shale Academy Has Second Graduation   -   "The number of graduates is growing at the Utica Shale Academy. Members of the Utica Shale Academy Board of Directors was to confer degrees to 18 seniors during commencement on May 26, preceded by a dinner for the graduates and their families. Keynote speaker will be Rhonda Reda, executive director of the Oil and Gas Energy Education Program and Ohio Oil and..."

Alice-Echo News Journal:  Oil and Gas Recovery in the Horizon   -   "Expect a rise in the oil and gas industry by the end of this year is what experts from Invesco shared during the Fifth Annual Eagle Ford Consortium in San Antonio. Darrin Turner, Managing Directors with Invesco who performs quantitative and fundamental research on real asset securities addressed the consortium about the future of the..."

Press release:  Antero Resources to Acquire 55,000 Net Acres in the Core of the Marcellus Shale   -   "Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") today announced that it has signed a definitive agreement with a third party to acquire approximately 55,000 net acres in the core of the Marcellus Shale for $450 million. Approximately 75% of the 55,000 net acres contains dry Utica rights. The acquisition includes undeveloped properties located primarily..."

The Motley Fool:  Has Oil Risen Too Far Too Fast?   -   "Crude oil has been on a remarkable run since bottoming out earlier this year. After crashing into the mid-$20s to start the year, crude has rocketed higher passing $50 a barrel this week despite the fact that OPEC hasn't done a thing to help the oil market. Instead, what has fueled crude's surge is a combination of..."

Food & Water Watch:  Activists Deliver 90,000+ Petitions Calling on DNC to Add Fracking Ban to Party Platform   -   "A coalition of climate and environmental justice groups delivered over 90,000 petitions to the Democratic National Committee demanding that a ban on fracking be included in the party platform. The DNC platform committee is holding a public forum to receive input on this year’s platform today in Washington D.C. Petitions were collected and delivered by Food & Water Watch, Climate Hawks Vote, Environmental..."

Forbes:  In Some Corners of the American Oil Patch, $50 a Barrel Really is the New $100   -   "Oil is back at $50 a barrel. Militant attacks in Nigeria have cut that country’s oil output to a 20-year low. China’s output is collapsing. Even OPEC sees the world oil market tipping into undersupply this year. All of a sudden things are looking up for America’s frackers. A few American companies are feeling good enough about their prospects that they’ve even put drilling rigs back..."

Gas & Oil:  Do I Need More Than Insurance to Protect My Oil and Gas Interests?   -   "I have had a number of clients ask me if insurance is enough to protect their real property interests and specifically their oil and gas interests. I agree that insurance should be your first line of defense, but is it enough? In many cases in order to achieve proper asset protection, insurance must be used in conjunction with a proper legal entity, such as a Limited Liability Company (LLC). The question becomes “does the insurance I have or what I can buy, sufficiently protect..."

Seeking Alpha:  Prepare Yourself for a Clinton/Sanders Fracking Ban   -   "We still aren't exactly sure why we did it but we went ahead and followed Donald Trump, Hillary Clinton and Bernie Sanders on Twitter (NYSE:TWTR). Since we did that, we have been bombarded with a lot of, well, let's call it information. Investors might want to pay attention to what Clinton and Sanders are saying. They both have fracking directly in their..."

Market Realist:  Utica Shale's Natural Gas Production Rose 46% in a Year   -   "According to the EIA (U.S. Energy Information Administration), the Utica Shale in eastern Ohio has become one of the fastest-growing natural gas–producing regions in the US. In its Drilling Productivity Report released on June 13, 2016, the EIA estimated that the Utica Shale’s natural gas production reached 3.7 Bcf (billion cubic feet) per day in..."

The Medina County Gazette:  NEXUS Contracts Awarded for Pipeline   -   "A Texas-based company has awarded four contracts for the construction of a proposed 250-mile pipeline that includes a portion of the route through Medina County, a company spokesperson said. The awarding of the construction contracts in February for the proposed NEXUS Gas Transmission Pipeline comes in advance of an awaited approval from the Federal Energy Regulatory Commission on the $2 billion..."

Press release:  Leading Proxy Advisory Firm ISS Recommends Williams Stockholders Vote “FOR” the Merger Agreement with ETE   -   "The Williams Companies, Inc. (NYSE:WMB) (“Williams”) today announced that Institutional Shareholder Services (“ISS”), a leading independent proxy voting and corporate governance advisory firm, recommends that Williams stockholders vote “FOR” the merger agreement with Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE”) at Williams’ special meeting of stockholders scheduled..."

FX News Call:  Natural Gas Prices in U.S.: Large Stockpiles Choking Price Rally   -   "Recovery in US natural gas prices has been hit by heavy stockpiles. On Wednesday, natural gas July delivery settled 0.9 percent, or 0.3 percent down at $2.595 a million British thermal units on the New York Mercantile..."

Akron Beacon Journal:  Kinder Morgan Provides $15,000 to Wooster YMCA   -   "The YMCA of Wooster on Wednesday got a $15,000 gift for its youth fitness program. The grant for a new climbing room at the recently renovated gymnastics center came from Texas-based Kinder Morgan, a giant pipeline conglomerate. The company is building a cross-Ohio pipeline for..."

Press release:  OPEC Income Drops from $753 Billion to $404 Billion, EIA Says   -   "For 2015, the U.S. Energy Information Administration (EIA) estimates that members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $404 billion in net oil export revenues (unadjusted for inflation). This represents a 46% decline from the $753 billion earned in 2014, mainly as a result of a precipitous fall in average annual ..."

Marcellus Drilling News:  Deloitte: Drillers Face a $2 Trillion Funding Gap Next 5 Years   -   "Consulting and accounting powerhouse Deloitte has just issued an important new report that sounds the alarm that upstream (i.e. drillers) are not spending enough money to replace proved reserves. Deloitte says there is a “funding gap” of $2 trillion over the next five years! Natural gas is more at threat than oil, because natural gas “reserves shortfall is bigger than oil since the commodity is yet to see its best years of demand growth in the..."

Bloomberg:  EPA Fracking Report Needs Qualifiers, Scientists Say   -   "A much-debated summary on the risks posed by hydraulic fracturing to drinking water was kicked around again June 14 by scientists discussing recommendations to improve an Environmental Protection Agency report. The EPA draft report said it found no “widespread, systemic impacts” on drinking water..."


Connect with us on Facebook and Twitter!

No comments :

Post a Comment

Follow by Email