Blogs

3rd March 2012

Fayeteville Shale Expected to be Hub in the Future - Awesome News for Investors.

Posted by blogwriter

Fayetteville Shale in the US, 2011: Gas Shale Market Analysis and Forecasts to 2020 is the latest report from GlobalData, the industry analysis specialist, which provides insight into the shale gas exploration and development activities in the Fayetteville shale. The report highlights the gas production from various counties in Arkansas, providing details of the major companies exploring the Fayetteville shale and the drivers and challenges to shale gas exploration in the US.

The Fayetteville Shale is Expected to be Natural Gas Producing Hub in the Future Read more »

28th February 2012

QuickSilver Resources Profits Reduced but not Due to Barnett Shale!

Posted by blogwriter

Quicksilver Resources posted earnings of $48.9 million, or 28 cents a share, in the fourth quarter as revenues declined to $216 million on lower natural gas prices.

The numbers compared unfavorably to earnings of $331.8 million, or $1.82 per share, on revenues of $240 million in the corresponding period of 2010, when the Fort Worth-based natural gas and oil producer recorded a $494 million gain from the sale of Quicksilver Gas Services. Read more »

25th February 2012

Wow! Over $109 a Barrell!!

Posted by blogwriter

Oil prices rose above $109 a barrel Friday February 24, 2012 and are approaching last year's highs as tensions increase over Iran's nuclear program.

Western nations fear Iran is building a weapon and have been trying to force it to open its facilities to inspection. Iran has refused, turning away international inspectors this week for the second time this month.

As tensions rise, investors are snapping up oil contracts in anticipation of a protracted standoff with one of the world's top oil exporters. Read more »

23rd February 2012

Non Profit Organization Gets in the Game of Investigating Marcellus Shale

Posted by blogwriter

A nonprofit group has opened an office in western Pennsylvania to help the public with health concerns over Marcellus Shale gas drilling operations.

The Southwest Pennsylvania Environmental Health Project opened an office last week in McMurray, southwest of Pittsburgh, and says its mission is to support people "who believe their health has been, or could be, impacted by natural gas drilling activities." Read more »