Realm Energy International Corporation (RLM:CN) was recently acquired by San Leon Energy plc (SLE:LSE) for $139 million.
Investment dealer Raymond James updated its rating of gas producer EnCana Corporation to OUTPERFORM based on the potential of a higher return for its stock.
An executive for Halliburton recently took a drink of new fracking fluid in a demonstration of the safety of the liquid used to extract natural gas from the earth.
The West Virginia Department of Environmental Protection filed an emergency rule on August 22 that will impact natural gas extraction from the Marcellus shale.
The United States Geological Survey (USGS) announced Tuesday, August 23, that the Marcellus shale formation contains significantly more natural gas than had been predicted by the most recent assessment which happened almost ten years ago.
Research firm Macquarie Equities Research lowered its recommendation for junior oil and gas company Cequence Energy (CQE:TSX) to NEUTRAL from OUTPERFORM and increased its target share price to C$4.50.
Oilfield-service company Western Energy Services Corporation (WRG:TSX) released its 2Q results indicating that revenue increased 142 percent from last year, and EBITDA rose 162 percent during the period.
A recent report from the Casper Star-Tribune reveals that oil and gas industry insiders believe that while development of the Niobrara shale formation is proceeding slowly, the region presents a number of strong opportunities.
