Showing posts with label anadarko petroleum. Show all posts
Showing posts with label anadarko petroleum. Show all posts

Thursday, October 28, 2010

Canadian County, OK: Woodford Shale Update

By Andrea: http://oilshalegas.com

Continental Resources Inc. (CLR) recently released an update on the Woodford Shale stretching from Dewey County, OK through Grady County, OK:

Continental also announced that it recently completed a strong confirmation well in the Southeast Cana area of the Anadarko Woodford play in Oklahoma in the third quarter of 2010. The Dana 1-29H flowed at 2.5 MMcfpd natural gas (million cubic feet per day) and 88 Bopd (barrels of oil per day) in its initial one-day test period. This was Continental's third and most productive test well completed in the southeastern portion of the Anadarko Woodford play, validating the productivity and scope of the play from Dewey County in the northwest through Canadian County to Grady County in the southeast, a span of approximately 100 miles.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Friday, September 3, 2010

Anadarko Petroleum (APC): Niobrara Shale update

By Andrea: http://oilshalegas.com

Anadarko Petroleum (APC) recently announced their plans for new wells in the Niobrara shale for 3Q 2010. The company described the Niobrara shale as "another emerging area". The oil-focused play is located in Northeastern Colorado and Southeaster Wyoming. Anadarko plans to drill 6 to 10 operated wells beginning in the third quarter of 2010, now that they have gleaned important information in their greater than 500,000 gross acreage position from prior farm-outs. Much of the acreage is in the land grant where they hold the mineral rights and perpetuity. Anadarko has been shooting seismic and acquiring leases that have given them a commanding acreage position that is incremental to their 550,000 acre position in the Wattenberg gield, where they have been producing in the Niobrara formation for many years.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com



Monday, August 23, 2010

Centre County, PA - Marcellus Shale

By Andrea: http://oilshalegas.com

Anadarko Petroleum Corp. (APC) recently released an update on the Marcellus shale in Centre County, PA:

At the end of the 2nd quarter, Anadarko was operating five rigs and participating in an additional 15 non-operated rigs. The company spud 13 operated wells and completed three wells during the quarter. Record gross production of almost 140 MMcf/d from 35 wells was achieved. Currently, more than 100 wells have been drilled and are awaiting either completion or connection to the gathering systems. The company completed and is currently testing its first well of the far-western area in Centre County, Pa. The well flowed to sales with a peak 24-hour test rate of 7.8 MMcf/d with approximately 4,000 PSI flowing tubing pressure.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Monday, August 16, 2010

Anadarko Petroleum (APC): Avalon Shale update

By Andrea: http://oilshalegas.com

Anadarko Petroleum Corp. (APC) is currently testing Avalon shale to see if the formation is profitable: Robert Daniels, Senior VP states: "On the Avalon, what we've done so far is in the Bone Spring itself. And we have looked at the Avalon which does seem to have some characteristics that would make it attractive to test. And so we do have some plans to go out and test the Avalon shale and see what sort of producibility it may have, what kind of recoveries we would get, what type of hydrocarbon. We do plan to drill two wells in there right now. We have 170,000 acres out in the West Texas area that would be prospective for the Bone Spring and Avalon Shale. So we would be testing it and see what we get out of it."

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Carl Icahn Buys More Chesapeake Energy (CHK) stock

By Andrea: http://oilshalegas.com

August 16, 2010: Carl Icahn increased his number of shares in Chesapeake Energy today from 2.1 million shares to 12.7 million shares. Current market price is around $21/share for Chesapeake Energy. Carl Icahn's new shares cost him approximately $240,000,000 with the new shares. Carl Icahn also bought Anadarko Petroleum (APC) and NRG Energy Inc. (NRG).

Chesapeake Energy has leading positions in the Eagle Ford shale, Haynesville shale and Marcellus shale

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Tuesday, February 3, 2009

Marcellus Shale: Anadarko APC Marcellus Shale Update

Anadarko Petroleum ( APC ) came out with earnings 2/2/09 and reported an update on the Marcellus Shale:

In 2008, Anadarko’s U.S. onshore exploration program continued to show positive results in
the Marcellus, Haynesville and Maverick Basin shale plays. The company completed its first Marcellus Shale horizontal well, testing approximately 4.5 million cubic feet of natural gas per day. A second horizontal test is currently being completed with two additional tests in various stages of drilling.

For my latest updates, visit http://blackberrystocks.blogspot.com/ or Subscribe for Free.

Thursday, August 14, 2008

CNBC: Carl Icahn Buys Anadarko ( APC ) & Biogen ( BIIB )

CNBC is reporting that Carl Icahn increased his position in Biogen Idec ( BIIB ) and added to Anadarko Petroleum ( APC ). I'm pretty sure he also added Yahoo ( YHOO ).

Carl Icahn sold most of Time Warner holdings but has around 1.7 million shares left.

Anadarko Petroleum ( APC ) has 625,000 acres in the Marcellus Shale play as well as a position in the Haynesville shale in their East Texas area.