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Ascent Resources PLC Update Drilling, Nighthawk Energy Strategic Review
AIM-traded oil and gas exploration and production company, Ascent Resources plc has been advised by its drilling contractor, Crosco International, that the mobilisation of a rig has started for the Pg-11 evaluation well in the Petişovci-Lovaszi project area in Slovenia, and that they expect to commence drilling on or around 16 December 2010, subject to [...]
Saturday, December 4th, 2010Natural Gas Supply Growth Caused Sustain downward pressure prices
Growth in new natural gas supplies available through shale-gas drilling has caused sustained downward pressure on prices in North America over the last two years. Producers have continued to increase production despite falling prices in large part because of financial hedges put in place when the market was stronger. But those hedges will start running [...]
Sunday, November 7th, 2010Oil and Gas Production-Distribution Winning Overview
Oil and Gas Production and Distribution Report offering a timely review of the sector to serious investors and industry executives at Wall Street Transcript has recently published. This 76 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) [...]
Sunday, February 21st, 2010