Archive for January, 2010

Marcellus Congressmen Rally For Drilling

Thursday, January 28th, 2010 Posted in Uncategorized | Comments Off

U.S. Reps. Gene Thompson and Tim Murphy, and State Sen. Gene Yaw welcome the industry. The burgeoning Marcellus shale play in Pennsylvania is a welcome boon to the state’s depressed economy ... Read more..

What ExxonMobil’s Grab For XTO Means

Thursday, January 28th, 2010 Posted in Uncategorized | Comments Off

By now, you've seen a  lot of comment on this deal, ExxonMobil's first corporate acquisition in a  decade, and the first grab of a super-independent since ConocoPhillips acquired Burlington Resources--that ... Read more..

Friday Komedy!

Friday, January 22nd, 2010 Posted in Uncategorized | Comments Off

A bunch of funny stories to report on this Friday. First, some Hugo Chavez nonsense. Now, Hugo has said some kooky things in his time, including accusing Colombia of planning to ... Read more..

Squeezing Oil Out Of Barnett Shale—EOG Resources Optimistic About Potential

Wednesday, January 20th, 2010 Posted in Uncategorized | Comments Off

  EOG Resources Inc. remains optimistic for its potential for economic oil from the northern Barnett shale, while other E&P companies, some industry members and analysts remain skeptical. EOG has worked ... Read more..

The Chavez Sanction: How To Handle The Screwy Ol’ Dude In 2010

Tuesday, January 19th, 2010 Posted in Uncategorized | 1 Comment »

Hugo Chavez, hero to the perpetual lower class and general gadfly on the face of history, has continued his tradition of running his country into the ground spreading freedom to ... Read more..

Davy Jones Test Validates Deep Shelf Concept; Treasure Abounds

Wednesday, January 13th, 2010 Posted in Uncategorized | Comments Off

McMoRan Exploration Co.’s ultra-deep Davy Jones prospect in the shallow waters of the Gulf of Mexico has hit Eocene Wilcox sands that appear productive on logs. In fact, they appear ... Read more..

Finding Value Beyond PDP

Tuesday, January 12th, 2010 Posted in Uncategorized | Comments Off

The value buyers now place on various reserves categories has changed dramatically from a few years ago, says Jefferies & Co.’s Bill Marko. At the peak, companies would pay 100% ... Read more..