Eclipse acquiring assets in central Pa. in all-stock deal

December 11, 2017 0

Eclipse Resources said today it’s signed a deal with Travis Peak Resources for oil and gas leases, wells and other rights and interests covering roughly 44,500 net acres in Pennsylvania’s Tioga and Potter counties for $93.7 million in stock.

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Australian producer builds Canadian holdings

December 11, 2017 0

Australian independent oil and gas producer Calima Energy said this week it’s increased its holding in western Canada’s Montney Shale play in northern British Columbia by 4% via a government auction.

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Dover to spin off upstream O&G unit

December 11, 2017 0

Diversified manufacturing conglomerate Dover Corp. said last week it plans to spin off its upstream oil and gas businesses into a new publicly traded company.

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Ohio approves 2nd gas-fired power plant near Toledo

December 11, 2017 0

An Ohio state agency has approved another natural gas-fired power plant outside of Toledo, Kallanish Energy reports. Last Thursday, the Ohio Power Siting Board approved the construction of a 955-megawatt gas-fired power plant in Oregon in Lucas County.

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