Research firm Macquarie Equities Research and investment dealer Raymond James recently weighed in on Encana's (ECA:TSX) divestiture program.
Investment dealer Raymond James reaffirmed its OUTPERFORM rating for oil and gas company Compass Petroleum Ltd. (CPO:TSXV).
As a result of new regulations, exploration and production companies engaged in drilling activity in Montana are required to disclose the majority of chemicals they use for hydraulic fracturing or "fracking."
If the Utica shale deposit holds the same amount of reserves that some industry insiders predict, it could potentially revive oil production in the area and improve the condition of the ailing East Coast refining industry.
New Jersey Governor Chris Christie recently put a halt to hydraulic fracturing or "fracking" for natural gas in the Garden State by imposing a one-year moratorium, pending further research by the state's Department of Environment Protection into the practice's safety.
The Bakken oil formation has been generating significant attention from both the media and insiders in the oil and gas industry for its vast natural resources.
The recent decision by oil and gas company Clayton Williams Energy, Inc. (CWEI) to reduce capital expenditures and cut back production could potentially be part of a broader market trend for oil and gas companies.
The Securities and Exchange Commission (SEC) is asking that companies utilizing hydraulic fracturing, or "fracking," provide additional information on their methods.
