Over the past seven-plus years, BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company), has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV originally entered the American shale sector by investing $500 million in 2016-2017 to buy existing Marcellus…
Read More...About one month ago, the Wall Street Journal published an article about BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu, Thailand’s largest coal mining company (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). The article pulled the curtain back to give us a better view of what happened with…
Read More...A recent article in the Wall Street Journal focuses on BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company). The article pulls the curtain back and gives us a better view into what happened with the company’s aborted plan to launch an initial public offering…
Read More...In August, the Executive Director of the Susquehanna River Basin Commission (SRBC) approved 34 water-use permits for individual shale gas well drilling pads in Bradford, Lycoming, Sullivan, Susquehanna, and Tioga counties. We’re just learning of the action via an official notice published in the Sept. 23 edition of the Pennsylvania Bulletin. The approvals, which are…
Read More...The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. Last week, the SRBC approved 22 new water withdrawal requests within the basin, eight of…
Read More...The weather has been fantastic for those of us living in the northeastern U.S. over the past few weeks. Clear… Continue reading The post SRBC Water Withdrawal Restrictions Hit 42 PA Oil & Gas Operators first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...CERAWeek, happening this week in Houston, Texas, is one of (perhaps THE) premier oil and gas conferences held each year…. Continue reading The post BKV IPO On Hold, M&A Deals Falling Apart Due to Low Gas Prices first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Banpu is Thailand’s largest coal mining company. However, it is looking to reduce the amount of revenue it derives from… Continue reading The post Banpu Boosting US Shale Gas Investments in Preparation for BKV IPO first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Banpu is Thailand’s largest coal mining company. But Banpu is far more than just a coal company. It has multiple… Continue reading The post Northeast PA Marcellus Driller BKV/Banpu Files with SEC for IPO first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...BKV Corporation (Banpu Kalnin Ventures), the American shale drilling arm of Banpu of Thailand (Banpu owns 96% of BKV), originally… Continue reading The post BKV (Banpu) All-In with CCUS, Signs Deal with Verde Co2 CCS first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...BKV Corporation (Banpu Kalnin Ventures), the American shale drilling arm of Banpu of Thailand (Banpu owns 96% of BKV), originally… Continue reading The post BKV Corporation Pioneers “Pad of the Future” in Drive to Net Zero first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Banpu is Thailand’s largest coal mining company. But Banpu is far more than just a coal company. It has multiple subsidiaries in various energy industries scattered around the globe. For example, here in the U.S. Banpu partners with Kalnin Ventures and operates BKV Corporation, the American shale drilling arm of Banpu. We spotted an article
Read More...Oaktree Capital Management, a huge investment firm with 1,000 employees and $140 billion in assets under management, is investing some of its considerable stach in BKV Corporation. BKV (which stands for Banpu Kalnin Ventures) is the American shale drilling arm of Banpu, Thailand’s largest coal mining company. BKV/Banpu has invested ~$500 million in the PA
Read More...A Reuters article warns that U.S. shale gas investors are “bracing” for write-downs by major drillers, particularly in the Marcellus/Utica region. The article chronicles the write-downs we already know about (EQT, CNX, Shell and Chevron) and speculates that others (like Antero and Cabot) may make announcements in the coming days. And then, in a bit
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