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Tag: reserves
Legacy Reserves Closes Permian Acquisition
2013-07-01 09:15:00| OGI
Legacy purchased a 95% interest in the properties and is joined by an industry partner who purchased the remaining 5% interest.
Tags: acquisition
legacy
reserves
closes
UK shale gas survey confirms huge reserves
2013-06-27 16:37:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The UK's fledgling shale gas industry received a major boost today as new research suggested the country has significantly higher reserves than had been first thought and the government underlined its commitment to developing the sector. But campaigners again warned that accessible reserves would prove significantly lower than theoretical reserves and argued that an overreliance on shale gas development would lock the UK into high-carbon infrastructure that would make it impossible to comply with...
Tags: huge
survey
gas
reserves
UK shale gas survey likely to reveal reserves higher than expected
2013-06-27 07:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: New estimates of the UK's reserves of shale gas will be published on Thursday, and are expected to be much larger than originally thought potentially supplying the UK with decades' worth of natural gas, if a high proportion of the gas in the rocks can be extracted at a low cost. However that key question that cannot yet be answered due to the lack of experimental wells drilled so far and the challenges posed by the UK's high density of population. The survey of shale reserves, carried out by...
Tags: higher
expected
survey
gas
Today's oil prices plunge on sluggish China data, Federal Reserve's stimulus plan
2013-06-20 01:00:00| Offshore Technology
Oil prices declined today after China released weak manufacturing data, further worrying investors who were already concerned after the US Federal Reserve announced it will roll back its stimulus by the end of 2013.
Australia: Gov't Report Says 80% of Fossil Fuel Reserves Must Stay in the Ground
2013-06-17 07:52:00| Climate Ark Climate Change & Global Warming Newsfeed
ABC: The latest Climate Commission report has warned that 80 per cent of global fossil fuel reserves will have to stay in the ground if the planet is to avoid dangerous climate change. The paper says global emissions need to trend downward by the end of the decade to keep temperatures at a "manageable" level. Professor Will Steffen, a climate commissioner who co-authored the report, says reaching the goal will be a challenge, given greenhouse gas concentrations are now at the highest level on record....
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report
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australia
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