Monthly Archives: May 2011

WESTMONT RESOURCES, INC. (OTCBB: WMNS) (“WESTMONT”), ANNOUNCES TODAY THAT IT HAS COMPLETED THE FINAL AGREEMENT WITH NUEARTH CORPORATION (“NUEARTH”) (PINKSHEETS: NUEC) FOR THE EXCLUSIVE MANUFACTURING AND DISTRIBUTION OF “FRACSOLV”, OUR ALL-NATURAL 100% BIODEGRADABLE AND ENVIRONMENTALLY SAFE FRACTURING SOLUTION FOR DEPLOYMENT … Continue reading →

After studying 59,000 acres in the Deep River basin for 15 years, they have concluded that Lee, Chatham and Moore counties could produce enough natural gas from shale to make North Carolina self-sufficient for 40 years at current levels of … Continue reading →

State Rep. Greg Vitali criticized cuts to the Department of Environmental Protection while leaving revenue sources like a tax on natural-gas drilling on the table.  “About 50,000 Marcellus Shale gas wells are planned for the next decade or two, and … Continue reading →

The study found no evidence that water wells were contaminated with fracking water or produced water produced water is water that naturally is found in the same underground formations that contain oil and gas; produced water often will contain salt … Continue reading →

Chevron Corp (CVX.N) will buy 228,000 acres in the Marcellus Shale, expanding its position in the one of the hottest natural gas shale fields under development in the United States. Terms of purchase of the acreage from Chief Oil & … Continue reading →

A Norwegian company partnering with Chesapeake Energy says it could drill as many as 17,000 natural gas wells in Appalachia’s Marcellus shale field over the next 20 years. Statoil ASA of Oslo made the prediction on its website. The company … Continue reading →

In the past few years, Encana has established numerous joint ventures in Canada and the U.S., many that involve other natural gas producers, as well as industrial firms and national oil companies. In 2011, joint ventures are expected to result … Continue reading →

Legend Production, together with its affiliated partnerships, closed a $1.5 billion senior secured revolving facility which, along with additional contributed equity, funded the Range acquisition as well as future growth opportunities. The credit facility was funded by a syndication of … Continue reading →