On The Market Quicklist (Week Of Nov. 6, 2019)

Ohio River Corridor

On The Market Quicklist (Week Of Nov. 6, 2019)

Location/Play Seller Agent BidDue Date AL, Choctaw County MORE Block T Operating LLC EnergyNet 11/6/19 TX, Tyler County MORE Colt Operating LLC EnergyNet 11/6/19 LA, Saint Charles Parish MORE Costa Energy LLC EnergyNet 11/6/19 NM, Lea County (Permian Basin) MORE EverQuest Energy Corp. EnergyNet 11/6/19 NM, Lea County (Permian Basin) MORE EverQuest Energy Corp. EnergyNet

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Green Goblins of Political Correctness Set Up New England for Icy Fall

Tom ShepstoneShepstone Management Company, Inc. …. ….  What’s happening in Rhode Island should be a warning to all of New England; you are headed for an icy fall with respect the energy you need to keep warm. Rhode Island is a state where the green goblins of political correctness hold full sway and determine policy.

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Bison Oil & Gas Partners II Announces Solar Project With Pivot Energy

Bison Energy, LLC, a wholly-owned subsidiary of Bison Oil & Gas Partners II LLC, and Pivot Energy said Nov. 6 the companies have entered into an agreement to develop their first solar project in Arapahoe County, Colo. “Bison is excited to work with Pivot on its first alternative energy project in Colorado.  Bison embraces all

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ICD admits receiving NYSE non-compliance letter

Onshore drilling service provider Independence Contract Drilling (ICD) said Tuesday it received written notification from the New York Stock Exchange that as of Nov. 1, the company is no longer in compliance with NYSE continued-listing criteria, Kallanish Energy reports. Said criteria requires listed companies to maintain an average closing share price of at least $1.00 over 30 consecutive

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Oil gains on trade deal hopes, better demand outlook

Crude oil prices rose more than 1% Tuesday on hopes for a U.S.-China trade agreement and optimism Washington could roll back some of the tariffs it has imposed on Chinese imports, Kallanish Energy learns. Brent crude futures gained 84 cents, or 1.4%, to settle at $62.94 a barrel, while West Texas Intermediate crude futures gained

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Gulfport looks to sell Utica interests

After losing $48.8 million, or 31 cents per diluted share, during the third quarter, Gulfport Energy announced plans to sell some of its interests in the Utica Shale, according to the Times Reporter. The company made the announcement before its conference call with investors to discuss third-quarter earnings last Friday. Gulfport said proceeds from its

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Fiberon expanding Idaho PVC decking plant, adding jobs

Fiberon LLC is expanding production and hiring more employees at its manufacturing plant for wood alternative decking in Meridian, Idaho, to reach more customers in the West Coast region. The facility is being renovated and getting new equipment to “significantly” increase capacity in the PVC category, according to a news release. The company did not

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GM exits plastics association as environmental pressure campaign continues

General Motors Co. has become the fourth major firm to leave the Plastics Industry Association this year, a decision that environmental groups are portraying as a response to their pressure campaign around industry environmental policies. GM confirmed in an email that it did not renew its membership in the Washington-based association but declined to say

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US East Coast ports to ship more resin

As U.S. plastics exports grow, suppliers are looking to diversify supply chain solutions and mitigate risk by creating options outside of Texas, where most of the product is made. × A&R Logistics, a supply-chain-service provider for North American chemicals, announced on Oct. 17 the latest spending to add resin export capacity to the East Coast

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Obituary: Former Conair Group President Niles Kenyon

E. Niles Kenyon, who led auxiliary equipment maker Conair Group from 1986-2004, died Sept. 12 in Vero Beach, Fla., surrounded by his family. Kenyon was a sales executive in the titanium industry before working in plastics. He was Conair’s president and chief operating officer. He was 78 and had been battling prostate cancer. Kenyon was

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Eastman, Circular Polymers to turn carpet back into PET

Eastman Chemical Co. is joining with Circular Polymers LLC as a feedstock source for its new chemical recycling facility in Tennessee. Circular Polymers will direct reclaimed PET carpet fiber from its California recycling facility to Eastman’s recently commercialized chemical recycling facility in Kingsport, Tenn. Circular Polymers of Lincoln, Calif., separates PET fiber from carpet backing,

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Atlantic Coast Pipe Reps “Optimistic” Building Resumes Summer ’20

Yesterday MDN reported on Dominion Energy’s third quarter update from last Friday, a session in which CEO Tom Farrell commented the company’s commitment to building the Atlantic Coast Pipeline (ACP) is “unwavering” (see Dominion Energy 3Q – Commitment to Atlantic Coast Pipe “Unwavering”). Last Thursday a pair of ACP representatives gave an update to Upshur

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Potential Light at End of Jones Act LNG Tunnel?

For some time we have criticized the 100 year-old Jones Act that prevents LNG carriers built and/or crewed by other counties from transporting LNG from one U.S. port to another U.S. port (see Puerto Rico Imports Russian LNG Thanks to U.S. Jones Act). Among the statements we’ve made is that the Jones Act prevents all

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Dominion Forms Gas Marketing JV, Unloading Non-Reg Biz

Dominion Energy has formed a joint venture partnership with Interstate Gas Supply to form Wrangler Retail Gas Holdings. Dominion will, over the next three years, contribute all of its non-regulated retail energy marketing operations to Wrangler under the terms of the agreement. Wranger will operate a non-regulated natural gas retail energy marketing business.This post appeared

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Rhode Island Eco-Socialists Threaten State with NatGas Outages

Activists from the Providence Democratic Socialists of America and the George Wiley Center protested Nov. 2 in front of Gov. Gina Raimondo’s house. (Credit: Tim Faulkner/ecoRI News) Socialism is evil. It’s the same root political philosophy as Communism, leading to a society in which individual freedoms are stripped away–the very freedoms purchased at a high

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