Corporate News

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Recovery Energy Snaps Up DJ Basin Leases

The Denver-based energy company said it has applied for permits to drill four horizontal wells targeting the Niobrara oil shale. It plans to begin its drilling program early in the second quarter of this year.

2Mar2011 | admin | 0 comments | Continued
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Encana Seeks New Drilling Permits Near Battlement Mesa

Staffers from the Colorado Oil and Gas Conservation Commission are reviewing the permit application, which if approved would allow for the drilling of nine gas wells in the area.

3Feb2011 | admin | 0 comments | Continued
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US Energy in Exploration Deal in Southeast Colorado

The Riverton, Wyo.-based company said it wouldn’t divulge its partner, financial terms of the deal, or the exact location for competitive reasons, but it did say the land is near the Brandon Field in Kiowa County.

31Jan2011 | admin | 0 comments | Continued
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Encana Selling Fort Lupton Natural Gas Plant

Western Gas Partners is paying roughly $303 million for the purchase, which also includes five natural gas gathering pipeline systems and associated compression facilities.

18Jan2011 | admin | 1 comment | Continued
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Ciris Energy Raises $23.9 Million for Coal Conversion

The Cenetennial-based startup has raised a series B investment of $23.9 million, according to a SEC-filing. Khosla Ventures led the round with earlier Ciris backers Braemar Energy Ventures, Rho Ventures and GE Energy Financial Services.

5Jan2011 | admin | 0 comments | Continued
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A Solution to Oil Shale’s Big Negatives?

The Seattle-based private company claims its in-situ technique can produce useable oil from oil shale, without the two downsides associated with the process: huge water requirements and C02 emissions.

4Nov2010 | admin | 1 comment | Continued
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Synergy Resources Corporation Acquires Oil and Gas Wells and Drill Sites in the Wattenberg Field

These wells are in the heart of the Wattenberg Field and we are thrilled they are now a part of our portfolio,” Ed Holloway, Synergy’s CEO, said about the newly acquired assets in the D/J Basin.

7Oct2010 | admin | 0 comments | Continued
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Anadarko to Sell Colorado Pipeline Assets

Western Gas Partners’s $498 million purchase of the Wattenburg system includes 1,734 miles of pipelines that gather natural gas from producing wells, as well as a plant that can process 105 million cubic feet of fuel a day.

3Aug2010 | admin | 0 comments | Continued
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Delta Sells Non-Core Assets in Colorado and Elsewhere

The Denver-based oil and gas company’s $130 million deal with Wapiti includes all of its 31% working interest in the Garden Gulch field in the Piceance Basin and DJ Basin fields in Weld County.

27Jul2010 | admin | 0 comments | Continued
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Startup Bear Tracker Energy to Get $200 Million

The company launched last year by CEO Bob Clark, said the investment will come from Blackstone unit GSO Capital Partners LP and from Bear Tracker’s management. The funds will be be used to develop North American midstream assets.

6Jul2010 | admin | 0 comments | Continued
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Rex Energy in Denver/Julesburg Basin Play

The company has leased or farmed-in approximately 20,000 net acres in the Denver-Julesburg Basin in Weld County, and says it intends to explore for oil from the Niobrara Shale.

7Jun2010 | admin | 0 comments | Continued
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What’s in a Name? Plenty Says Longtime
Denver Oil & Gas Player

Based in the Mile High City for more than a century, St. Mary Land & Exploration will be now be known as SM Energy Company starting June 1st.

31May2010 | admin | 0 comments | Continued
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High Sierra Water Services Hits Produced
Water Treatment Milestone

The Denver-based company’s flagship Anticline facility has surpassed 22 million barrels (924 million gallons) of water treated in the Pinedale region of Wyoming.

20May2010 | admin | 0 comments | Continued
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