Blogs
16th February 2011
Why did Chesapeake Energy sell Fayetteville Shale?
Chesapeake Energy, the second-largest exploration company in the Fayetteville Shale play, said last week (Feb 7, 2011) that it plans to sell off $5 billion worth of assets in the region.
But why is Chesapeake getting out of the natural gas reserves so soon?
The news that Chesapeake Energy of Oklahoma city was putting its Fayetteville Shale assets up for sale didn't surprise many analysts. Read more »
15th February 2011
Oil Hovers Below $86 as Traders Eye Inflation
Oil prices hovered below $86 a barrel Monday Feb.14, 2011 in Asia as traders eye inflation and consumer demand numbers for signs higher commodity prices could be undermining global economic growth.
Benchmark crude for March delivery was down 5 cents at $85.53 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $1.15 to settle at $85.58 on Friday. Read more »
11th February 2011
Barnett Shale in Denton, Wise Counties Is Candidate for EPA Study
The Barnett Shale natural gas field in Denton and Wise counties is one of five finalists to be a case study as part of the Environmental Protection Agency's examination of hydraulic fracturing.
In addition, the Flower Mound/Bartonville area in southern Denton County is one of four candidates for a separate case study that would be part of the EPA project, which will be completed in late 2012 at the earliest.
The choices for potential case studies are cited in a 140-page draft plan released Tuesday Feb8. 2011. Read more »
9th February 2011
Why It's a Good Time to Sell Mineral Rights
Considering the state of the mineral rights market right now there has never been a better time to sell mineral rights. The systems that have been established over the years have made the whole process one that is easier to complete.
Why Indulge In Property Investments? Properties are tangible assets that have been known to appreciate reliably over a period of time. Investment in property can lead to revenues through rental incomes and capital appreciation on sale of the property. There may be tax benefits associated with property investments. Read more »
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