Ernest's Feed
Mar 25, 2014
Mar 25, 2014
Mar 25, 2014
Mar 25, 2014
Mar 25, 2014

Halcón sale still probable, though work remains, CEO says

NEW ORLEANS (Reuters) – More work needs to be done to develop Halcón Resources Corp’s (HK.N: Quote, Profile, Research, Stock Buzz) oil and natural gas assets before the company can be sold, Chief Executive Floyd Wilson said on Monday.

Executives have long stated that their endgame for the company, formed in 2011, would be a sale, although weak well results in Ohio’s Utica shale formation have hampered that goal. The company’s stock is down 45 percent in the past year.

Mar 24, 2014
Mar 24, 2014
Mar 24, 2014
Mar 24, 2014

MDU Resources seeks more customers for proposed Bakken gas pipeline

NEW ORLEANS, March 24 (Reuters) – MDU Resources Group Inc
is looking for more natural gas producers to sign up to
use a planned $650 million pipeline that would transport the
fuel through North Dakota to Minnesota, the company’s chief
executive said on Monday.

The company in January launched a 120-day period for
prospective customers of the pipeline, the largest project in
the company’s history, to sign supply agreements to transport
natural gas.

Mar 24, 2014