By Andrea: http://oilshalegas.com
Hess Corporation (HES) released an exciting operational update on the Bakken Shale located in North Dakota. It has completed the acquisition of 167,000 net acres in the Bakken oil shale play from TRZ Energy, LLC for $1,050 million in cash. The acquired properties are located near Hess' existing acreage and have current net production of approximately 4,400 boe/d.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Showing posts with label Hess Corporation (HES). Show all posts
Showing posts with label Hess Corporation (HES). Show all posts
Thursday, December 30, 2010
Monday, August 16, 2010
Wayne County, PA: Marcellus Shale Update
By Andrea: http://oilshalegas.com
August 16, 2010: Despite the natural gas drilling ban imposed on Wayne County, PA, Hess Corporation (HES) has already acquired permits for roughly 6 hydraulically fractured Marcellus Shale wells in Wayne County. Hess entered a joint-development partnership with Newfield Exploration Co. (NFX) and together, they own approximately 100,000 acres in northern Wayne County, PA. They received approval in late June and July from the Susquehanna River Basin Commission and DEP to drill 3 Marcellus Shale wells in the Susquehanna watershed. The permits include Scott and Preston townships, as well as Starucca Borough. The company plans to drill horizontal natural gas wells according to the permit applications.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
August 16, 2010: Despite the natural gas drilling ban imposed on Wayne County, PA, Hess Corporation (HES) has already acquired permits for roughly 6 hydraulically fractured Marcellus Shale wells in Wayne County. Hess entered a joint-development partnership with Newfield Exploration Co. (NFX) and together, they own approximately 100,000 acres in northern Wayne County, PA. They received approval in late June and July from the Susquehanna River Basin Commission and DEP to drill 3 Marcellus Shale wells in the Susquehanna watershed. The permits include Scott and Preston townships, as well as Starucca Borough. The company plans to drill horizontal natural gas wells according to the permit applications.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
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