05/24/16 Links of the Day: More Bankruptcies, Ohio Court Battles Continue, and More

Youngstown Vindicator:  Natural Gas-Fueled Power Plant in Lordstown Will Be Showpiece   -   "The state-of-the-art natural gas-fueled power plant that’s moving forward in Lordstown isn’t just a significant chapter in the Mahoning Valley’s emerging comeback story. It’s also a powerful symbol of the future of..."

Press release:  Stone Energy Corporation Announces NYSE Notice of Non-Compliance   -   "Stone Energy Corporation (NYSE: SGY) today announced the receipt of formal notice of non-compliance with the New York Stock Exchange ("NYSE") market capitalization listing standard. On May 17, 2016, we were notified by the NYSEthat our average global market capitalization has been less than $50 million over a consecutive..."

Press release:  Halcón Reaches Agreement in Principal with Stakeholders Regarding a Comprehensive Balance Sheet Restructuring   -   "Halcón Resources Corporation (NYSE:HK) ("Halcón" or the "Company") today announced the Company has reached an agreement in principal on terms of a plan to restructure its balance sheet (the "Restructuring Plan") with select holders of its 13.0% 3rd Lien Notes due 2022 ("3L Notes"), its three tranches of senior unsecured notes comprised of..."

Cleveland.com:  Appellate Court Backs North Royalton's Fight Against Mandatory Pooling in Driller's Plan to Frack for New Well   -   "A state appellate court on Tuesday sided with North Royalton in a three-year fight to thwart an oil and gas driller who wants to frack for a new gas well in the city. The 10th District Ohio Court of Appeals agreed with a lower court and the Ohio Oil and Gas commission that..."

Press release:  Nine Energy Completes 124-Stage Well in Utica Shale   -   "Nine Energy Service, Inc. (Nine) successfully completed 124 perforated stages in an 18,544 ft. lateral (27,034 ft. TMD) in Guernsey County, Ohio for Eclipse Resources, a premier independent E&P company in the Appalachian Basin. In one of the most complex wells ever completed by either company, Nine's Wireline Division worked directly with Eclipse to..."

The Daily Caller:  ‘Keep It In The Ground’ Won’t Save The Environment – Or Your Budget   -   "Most of us paid a lot less in utility costs to keep warm this past winter than we had in previous years. We also drove more miles than ever – also for a lot less – courtesy of bottom-of-the-barrel fuel prices. Both are shining examples of how America’s once-in-a-generation energy revolution – the byproduct of..."

Seeking Alpha:  Chesapeake Management Appears Like It Is Rolling The Boulder Uphill   -   "When industry conditions are tough, that is when shareholders find out how good the company management really is and whether or not the experience on all those resumes of senior management is really worth anything. Chesapeake Energy Corp. (NYSE:CHK) finished the first quarter touting several accomplishments..."

Press release:  Constitution Pipeline Challenges Decision by New York State to Block Federally Approved Pipeline   -   "Constitution Pipeline Company, LLC today announced that it has appealed the New York State Department of Environmental Conservation’s (NYSDEC) refusal to grant the company’s request for a Section 401 Water Quality Certification under the Clean Water Act. The appeal was filed with the United States Circuit Court of Appeals for the Second Circuit and contends..."

Kallanish Energy:  EPA Violating Supreme Court Hold, GOP Charges   -   "Top Republican lawmakers have accused the Environmental Protection Agency (EPA) of violating a Supreme Court order to stop enforcing its climate change rule for power plants, Kallanish Energy understands. In a letter to the agency, majority members of the House Energy and Commerce Committee said the EPA’s actions since the February stay of the Clean Power Plan are contrary to the 5-4 court..."

ACFAN:  Activists to Feds: Extend Comment Period and Hold Public Hearing on Fracking the Wayne   -   "Organized by Athens County Fracking Action Network (ACFAN), representatives of eight grassroots environmental groups held press conferences on Wednesday, first at Wayne National Forest Headquarters and later in downtown..."

Herald Star:  Officials Gather Ideas to Enhance Utica Shale Academy   -   "As the Utica Shale Academy enters its third year, officials have begun looking at ways to expound programs and offerings to enhance education for a future work..."

Dallas Morning News:  Chesapeake, Total to Pay $52.5 Million to Settle Barnett Shale Royalty Disputes   -   "Oklahoma-based Chesapeake Energy and Total E&P USA agreed Monday to pay $52.5 million to 13,000 people who claimed their royalties have been underpaid for leases in the Barnett Shale. As part of the agreement, Chesapeake will provide $29.4 million upon court approval of the settlement and another $10 million in..."

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