Wunderlich Securities revised its estimates for Master Limited Partnership (MLP) Spectra Energy Partners, LP (SEP:NYSE) on October 5.

Canaccord Genuity reiterated its BUY rating and C$14.50 target share price for Birchcliff (BIR:TSX) after the exploration and production company announced that it had initiated a formal sales process.

Pennsylvania Governor Tom Corbett intends to both stimulate the state’s economy and preserve the state's environment, he announced in implementing several suggestions advocated by the Marcellus Shale Advisory Commission.

Strategic Oil and Gas (SOG:TSXV) announced the results gathered from its first production test of its horizontal Sulphur Point oil well existing at Steen River in Alberta, Canada on October 4.

Investment bank Canaccord Genuity said in a statement on October 3 that it was maintaining its BUY rating and C$9.00 target share price for exploration and production company Bellatrix Exploration Ltd. (BXE:TSX).

Carrizo Oil and Gas (CRZO:NASDAQ) and Avista Capital Partners have announced a joint venture to go after liquid rich natural gas in the Utica shale.

Investment bank Raymond James stated on September 28 that it was maintaining its Outperform rating for exploration and production company Kodiak Oil and Gas (KOG:NYSE).

North America seems to be experiencing a new oil age, with production that could reach record levels by 2016, according to a report recently issued by Bentek Energy.