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 a new high performance high school to accommodate the district’s growing student population.... Read more..

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, of which StatoilHydro will own approximately 0.6 million net acres and Chesapeake will own approximately... Read more..

AEP Recognized as Military-Friendly Employer for Sixth Consecutive Year

G.I. Jobs magazine has named American Electric Power one of the nation’s 50 most “military-friendly” employers for the sixth consecutive year. AEP is among only seven companies that have appeared on the publication’s top-50 list each year since it was introduced in 2003. G.I. Jobs helps provide training and career opportunities for veterans and those in transition from military to civilian employment. This year’s honorees... Read more..

Ecosphere Technologies Delivers Mobile Water Recycling Plant to Newfield Exploration in Oklahoma

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces the delivery of one of its Ecosphere Ozonix mobile water recycling systems to Newfield Exploration Company’s mid-continent operations near Coalgate, Oklahoma. The Ozonix mobile water recycling system is a fully self contained water recycling plant on a 53′ mobile trailer that can be moved from well site to well site to process frac flowback water. Dennis... Read more..

CVR Energy Reviews Multiple Crude Oil Supply Proposals; J. Aron & Company Amends Existing Agreement

CVR Energy, Inc. announced that it is in discussions with multiple parties to select a new supplier for a replacement of its crude oil supply agreement with J. Aron & Company. The company said that J. Aron and CVR Energy had agreed to extend to Dec. 1, 2008, the date by which either party may provide notice of cancellation of their current crude oil supply agreement. The agreement currently renews each year on Dec. 31 unless either party provides... Read more..

Triple Diamond Energy Corp. Constructs Pipeline From Hoover Field In Oklahoma To Point Of Purchase

Triple Diamond Energy Corp. (TDEC), an independent Texas based oil and gas exploration company, announces they have constructed a natural gas pipeline from the Hoover Field located in Garvin County to the point of purchase. This pipeline will move natural gas from TDEC’s well to the larger Midstream LP pipeline, formerly owned by Duke Energy. “The purpose of this new pipeline is to transport the natural gas produced by the Hoover Field... Read more..

Gulfport Energy Updates Operations Following Hurricanes

Gulfport Energy Corporation announced that all four tank batteries at its West Cote Blanche Bay (“WCBB”) field were operational as of October 10, 2008. Total company production from October 11 to October 16, 2008 averaged approximately 5,784 barrels of oil equivalent per day (“BOEPD”) as compared to average production of 5,669 BOEPD from August 1 to August 29, 2008 prior to curtailing production for Hurricane Gustav. From October... Read more..

Atlas Pipeline Partners, L.P. Appoints Eugene N. Dubay to Board of Directors

Atlas Pipeline Partners, L.P. announced that it has appointed Eugene N. Dubay as an independent member of the Board of Directors. Mr. Dubay has been a Senior Vice President and Chief Operating Officer of Continental Energy Systems (formerly SEMCO Energy) since 2003. Prior to joining Continental Energy, he held executive level positions at ONEOK, Inc and Southern Union Co. Mr. Dubay has over 20 years experience in midstream assets and utilities operations,... Read more..

Mustang Fuel Corp. Selects Quorum to Manage Gas Marketing Activities

Quorum Business Solutions, Inc., a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, announces that Mustang Fuel Marketing Company has entered into an agreement to license Quorum Gas Marketing to manage its commercial natural gas marketing activities. “We were in the market for a system to manage our gas marketing activities,” said Brad Jordan, CIO of Mustang. “Quorum demonstrated... Read more..

American Electric Power Selects Ventyx Enterprise Asset Management Solution

Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced that American Electric Power, the largest electricity generator in the United States, has committed to upgrade their enterprisewide work management and supply chain systems to the latest version of Asset Suite from Ventyx. AEP is one of the largest electric utilities in the United States, with more than 5 million customers linked to AEP’s... Read more..