Archive for February, 2008

EOG makes North Park Basin discovery in Niobrara shale

Thursday, February 28th, 2008 Posted in Uncategorized | Comments Off

In a nearly four-hour-long analyst presentation during the last week of February, EOG Resources laid out a multitude of information on its far-flung drilling programs. For me, one of the ... Read more..

$9.40! … Natural Gas Prices Are Back

Thursday, February 28th, 2008 Posted in Uncategorized | Comments Off

Natural gas was trading this morning on Nymex at $9.40 to $9.64 for April through September delivery--good news for U.S. producers whose all-in costs are running $6/Mcf. Gas prices were ... Read more..

Alan Out-Takes: More Notes From The Greenspan Dinner

Wednesday, February 27th, 2008 Posted in Uncategorized | 2 Comments »

Here are more comments from Alan Greenspan, who engaged in a lively conversation with Cambridge Energy Research Associates founder and chairman Daniel Yergin at the annual CERAWeek in Houston recently. Approximately ... Read more..

Alaskan Tribe Suing XOM Et Al. For Global Warming

Wednesday, February 27th, 2008 Posted in Uncategorized | 3 Comments »

Inupiat Eskimos in Kivalina, Alaska, are suing ExxonMobil and 23 other energy companies for global warming. The Earth warming trend is melting sea ice that had protected the Arctic village ... Read more..

‘Creative Destruction’ And Peak Oil

Tuesday, February 26th, 2008 Posted in Uncategorized | 1 Comment »

Maybe the simplest description of “creative destruction” is “The U.S. economy giveth jobs, and the U.S. economy sends those overseas while it maketh higher-end U.S. jobs.” American workers wouldn’t find this ... Read more..

The FOMC Meeting…What Were They Thinking?

Friday, February 22nd, 2008 Posted in Uncategorized | Comments Off

The Jan. 29-30 FOMC meeting minutes have been released and energy is a hot topic in it. Oil is mentioned 11 times; energy, 17 times. Meanwhile, home/homes is mentioned 11 ... Read more..

Fred Sewell retires from Netherland Sewell and forms E&P

Thursday, February 21st, 2008 Posted in Uncategorized | Comments Off

I was pleased to learn this week that Frederic Sewell is doing very well after having unexpected heart bypass surgery last fall (he thought he had gone in for another ... Read more..

The Consol Bid For CNX (Marcellus Shale)

Thursday, February 21st, 2008 Posted in Uncategorized | Comments Off

Consol Energy Inc. has put in a bid to roll up CNX Gas Corp., which holds rights to drill for coalbed methane and in other formations in Consol's Appalachian coalfields and elsewhere. The ... Read more..

Mike Linn Discusses The Upstream MLPs And Others’ IDRs

Wednesday, February 20th, 2008 Posted in Uncategorized | 2 Comments »

Listen to my interview from NAPE with Mike Linn We visited with Mike Linn, chairman and CEO of Linn Energy LLC, at NAPE Expo 2008. Here are his comments on capital ... Read more..

In the Mud at Cheniere’s Sabine Pass LNG Site

Friday, February 15th, 2008 Posted in Uncategorized | Comments Off

I love getting out of the office and getting mud on my boots, as they say. Recently I had the opportunity to do just that, and it was really muddy. I ... Read more..

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