by Tyler Herget | May 24, 2019 | HBP, Industry News
South Field Energy is constructing a low-carbon, combined-cycle natural gas electric generating plant that is able to produce 1,182 megawatts, enough power to accommodate more than one million homes. The location of the new gas-fueled power plant is Wellsville,...
by Tyler Herget | May 22, 2019 | HBP, Industry News
EdgeMarc Energy’s official press release regarding their sale through Chapter 11 Restructuring Following Explosion of Revolution Pipeline. EdgeMarc intends to implement the sale under Section 363 of the U.S. Bankruptcy Code, which will allow the Company to...
by Tyler Herget | May 20, 2019 | HBP, Industry News
Now that the battle to acquire Anadarko Petroleum has ended, a host of other key industry news items are percolating up to the top of the page. Let’s review… Can’t We All Just Get Along
by Tyler Herget | May 16, 2019 | HBP, Industry News
EdgeMarc Energy, headquartered in Canonsburg, PA (with 45,000 acres of Marcellus/Utica leases), is filing for Chapter 11 bankruptcy, looking to sell all of the company’s assets. The reason? They can’t move their production to market because their main pipeline...
by Tyler Herget | May 15, 2019 | HBP, Industry News
Chevron said Thursday it will not submit a new offer to acquire Anadarko Petroleum, walking away from the deal after Occidental Petroleum pulled ahead in a battle to take control of the driller with prized assets in the top U.S. shale oil field. The Price You...
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