Search results for: Fayetteville

28 results

A list of search results

  • 1 April 2011
    Project & Tenders

      Chesapeake Energy Corporation announced the closing of a transaction to sell its Fayetteville Shale assets to BHP Billiton Petroleum, a wholly owned subsidiary of BHP Billiton Limited. The transaction included approximately 487,000 net acres of leasehold, current net production of approximately 415 million cubic feet of natural gas equivalent per day and midstream assets […]

  • 15 January 2014

    A new study from the Bureau of Economic Geology (BEG) at The University of Texas at Austin forecasts that one of the nation’s most productive shale gas basins, the Fayetteville Shale, will continue to be a major contributor to U.S. natural gas supplies for years to come, with economically recoverable reserves of 18 trillion cubic […]

  • 26 December 2010
    Project & Tenders

    Petrohawk Energy Corporation  announced that it has completed the sale of its natural gas assets in the Fayetteville Shale, located primarily in Cleburne and Van Buren Counties, Arkansas, to XTO Energy Inc., a subsidiary of ExxonMobil, for $575 million. The sale has an effective date of October 1, 2010. In addition, the Company has entered […]

  • 22 February 2011
    Project & Tenders

      Chesapeake Energy Corporation announced it has agreed to sell all of the company’s interests in approximately 487,000 net acres of leasehold and producing natural gas properties in the Fayetteville Shale play in central Arkansas to BHP Billiton Petroleum, a wholly owned subsidiary of BHP Billiton Limited, for $4.75 billion in cash before certain deductions […]

  • 1 April 2008

    Triangle Petroleum Corporation reports that the board of directors has reviewed the Company’s portfolio of projects in detail and has elevated the 516,000 gross acre (806 square miles) Windsor Block in the Maritimes Basin to Triangle’s primary shale gas project. The Company has also elected to sell its 10,400 net acres in Conway County in […]

  • 3 September 2008

    OKLAHOMA CITY, OK AND HOUSTON, TX, SEPTEMBER 2, 2008 – Chesapeake Energy Corporation (NYSE:CHK) and BP America (NYSE:BP) today announced the execution of a Letter of Intent for a joint venture whereby BP will acquire a 25% interest in Chesapeake’s Fayetteville Shale assets in Arkansas for $1.9 billion. The assets have current daily net production […]

  • 6 February 2011

      Chesapeake Energy Corporation announced that, as part of its 2011-12 strategic and financial “25/25 Plan,” the company has decided to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings, LLC and Chaparral Energy, Inc. If these sales are completed, Chesapeake anticipates that the combined pre-tax proceeds […]

  • 6 August 2012

    BHP Billiton announced that it has completed its full year assessment of its United States shale and Australian nickel assets. Low US gas prices due to a short term over supply of gas have resulted in an impairment of US$2.84 billion (before tax) against the carrying value of the Fayetteville shale gas assets acquired from […]

  • 2 September 2008

    BP has executed a letter of intent to buy into a 25% stake in Fayetteville shale gas onshore in a joint venture with US Chesapeake Energy Corporation for US $1.9 Bn. BP becomes owner of 135,000 acres of the 540,000 net acres of US onshore gas property held by Chesapeake which currently produces 180 MMcf/d […]

  • 8 March 2011

      Chesapeake Energy Corporation announced that its Board of Directors has declared a $0.075 per share quarterly dividend that will be paid on April 15, 2011 to common shareholders of record on April 1, 2011. Chesapeake has approximately 658 million common shares outstanding. Chesapeake Energy Corporation is the second-largest producer of natural gas and the […]

  • 28 December 2010

    Chesapeake Energy Corporation announced that its Board of Directors has declared a $0.075 per share quarterly dividend that will be paid on January 18, 2011 to common shareholders of record on January 3, 2011. Chesapeake has approximately 655 million common shares outstanding. In addition, Chesapeake’s Board has declared dividends on its outstanding convertible preferred stock […]

  • 15 March 2018
    Business & Finance

    The Army Corps of Engineers is hosting Beaver Lake Master Plan and Shoreline Management Plan update workshops from March 27 through March 29 to share the draft master plan, draft shoreline management plan, and associated environmental compliance documents with the public. The drop-in style workshops will be held at the following locations: March 27 from […]

  • 27 July 2018

    UK-based major BP has agreed to purchase BHP Billiton’s interest in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for $10.8 billion.

  • 30 October 2018

    UK-based energy giant and LNG player BP reported a surge in profit during the third quarter, hitting the highest quarterly figure in over five years.

  • 20 May 2014
    Research & Development

    Fossil Oil Company, a Huston-based oil exploration company, has noted the surge in the U.S. gas reserve growth last year. Research done by the American Gas Association revealed that 35 trillion cubic feet of natural gas reserves were added in 2013, a figure that is significantly up  compared to previous years. The study gathered data from more […]

  • 9 February 2011

      Chesapeake Energy Corporation announced that it has priced its previously announced public offering of $1.0 billion principal amount of Senior Notes due 2021. The notes were priced at par and carry an interest rate of 6.125% per annum. Chesapeake expects the issuance and delivery of the senior notes to occur on February 11, 2011, […]

  • 23 January 2011

    FORTUNE announced that Chesapeake Energy Corporation has been named one of the “100 Best Companies to Work For” in the U.S. for the fourth consecutive year. Aubrey K. McClendon, Chesapeake’s Chief Executive Officer, commented, “We are honored and excited to have been selected again this year as one of America’s 100 best places to work. […]

  • 11 September 2014

    Gulf South Pipeline Company, a unit of Boardwalk Pipeline Partners has entered into 20-year firm precedent agreements with foundation shippers to transport approximately 1.4 billion cubic feet per day of natural gas to serve the first two trains of the planned liquefaction terminal, announced by Freeport LNG Development, near Freeport, Texas. Freeport LNG has received […]

  • 17 February 2011
    Project & Tenders

      Chesapeake Energy Corporation and CNOOC Limited announced the closing of a project cooperation agreement whereby CNOOC International Limited, a wholly owned subsidiary of CNOOC Limited, purchased a 33.3% undivided interest in Chesapeake’s 800,000 net oil and natural gas leasehold acres in the Denver-Julesburg (DJ) and Powder River Basins in northeast Colorado and southeast Wyoming. […]

  • 30 April 2012

     The U.S. Energy Information Administration (EIA) said in a report that combined marketed natural gas production from the top five natural gas producing states—Texas, Louisiana, Wyoming, Oklahoma, and Colorado—increased by about 7.5% in 2011, although their share of total U.S. natural gas output fell slightly to about 65%. Marketed natural gas production from these states […]

  • 4 September 2014
    Business & Finance, Project & Tenders

    Conservation groups yesterday filed lawsuits in federal court against Duke Energy seeking to clean up toxic coal ash pollution from three Duke facilities that are contaminating rivers and groundwater supplies that provide drinking water to hundreds of thousands of North Carolinians.  The Clean Water Act lawsuits were filed by the Southern Environmental Law Center on […]

  • 26 November 2014

    EIA shows that shale gas wells have become the largest source of natural gas production in the U.S. in 2013.