Texas Allied Petroleum Reworks Laramie Fields

Texas Allied Petroleum, Inc. is pleased to announce that it has successfully reworked its Cooper Cove, Herrick and Little Laramie fields in Wyoming. Daily production from the three fields is approximately 100 barrels of oil per day. A surface discharge system is currently being permitted, which has potential to increase production and decrease operating... 

FreeWave Technologies Chosen by OG&E for its Smart Grid Project

FreeWave Technologies manufacturer of the most reliable, high-performance spread spectrum and licensed radio solutions for mission critical data transmission, today announced it has been selected by OG&E for its comprehensive smart grid deployment. As part of this project, OG&E will utilize FreeWave’s FGR2-PE wireless radio solution for... 

AEP Schedules Live Webcast of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EST Friday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. The... 

Magnum Hunter Resources Announces Acquisition of $40 Million in Marcellus Shale Properties

Magnum Hunter Resources Corporation announced today that its wholly-owned subsidiary, Triad Hunter, LLC (“Triad Hunter”), has executed a definitive agreement to acquire oil and gas properties and leasehold mineral interests located in Wetzel and Lewis Counties, West Virginia (the “Marcellus Assets”). The Seller of the asset portfolio... 

PostRock Announces Agreement to Sell Certain Appalachian Assets

PostRock Energy Corporation today announced that it has entered into a definitive agreement with Magnum Hunter Resources Corporation (NYSE Amex:MHR) (“MHR”) to sell certain assets in Wetzel and Lewis Counties, West Virginia for aggregate consideration of $39.75 million. The consideration for the sale will consist of 50% cash and 50% MHR... 

Imperial Resources, Inc. Appoints Director

Imperial Resources, Inc. (the ‘Company’) today announced that it has appointed Mr. Thomas Barr as a director of the Company. Mr. Barr brings to the Company additional public company oversight as the Company pursues its expansion plans. Mr. Barr is currently full time CEO of Flex Fuels Energy, Inc., an SEC regulated public company. He will apply... 

Gulf Coast Fractionators Announces Expansion of Its Natural Gas Liquids Fractionation Facility

Gulf Coast Fractionators, a partnership among ConocoPhillips, Devon Energy Corporation and Targa Resources Partners LP announced plans to expand the capacity of its natural gas liquids fractionation facility located in Mont Belvieu, Texas. The maximum gross fractionation capacity of the facility will be expanded by approximately 42 percent (43,000 barrels... 

NACEL Energy Announces 10 MW Hedley Pointe, TX Wind Farm

NACEL Energy Corporation, a wind power company in business to generate clean, renewable energy, today confirmed it has entered into two long term wind development rights agreements covering an aggregate of 636 acres in Donley County, Texas. Hedley Pointe is the Company’s fourth Texas wind energy project located in the Panhandle. At project build-out,... 

Texas School District Remedies Soaring Energy Costs and Aging Infrastructure, Receives Award for Becoming Leader in Energy Efficient Learning Environments

Ferris Independent School District recently completed renovations aimed at increasing energy efficiency and indoor air quality while creating a high-performance learning environment at Ferris Junior High School, Ferris Intermediate School, the Ingram and McDonald Elementary Schools and the district maintenance facility. Additionally, the district built... 

Chesapeake Energy Corporation Announces Marcellus Shale Joint Venture and International Unconventional Natural Gas Exploration Alliance with StatoilHydro

Chesapeake Energy Corporation announced the execution of an agreement for a joint venture with StatoilHydro whereby StatoilHydro will acquire a 32.5% interest in Chesapeake’s Marcellus Shale assets in Appalachia for $3.375 billion, leaving Chesapeake with a 67.5% working interest. The assets include approximately 1.8 million net acres of leasehold,...