Greylock Energy has acquired substantially all of the Appalachian Basin gas production and midstream assets of West Virginia-based Energy Corporation of America in a recent deal, Kallanish Energy reports.
Private equity firm ArcLight Capital Partners’ Greylock Energy unit said Thursday it’s acquired most of the gas production and midstream assets of privately-held independent producer Energy Corporation of America (ECA).
Pennsylvania-based Rex Energy reported a net loss of $47.1 million or $4.76 per share in the third quarter, Kallanish Energy reports. That compares to a net loss of $55.2 million or $5.60 a share in 3Q 2016, the company said.
Williams Partners said Wednesday evening the U.S. Court of Appeals for the District of Columbia denied an emergency motion to stay the Federal Energy Regulatory Commission’s authorization of the company’s Atlantic Sunrise pipeline project, allowing construction to immediately resume.
Norway's Statoil ASA Thursday reported a larger third-quarter loss compared to a year-ago after booking large impairment charges mainly related to a North American unconventional onshore asset, triggered by lower-than-expected production.