Markham Hislop

Matador Resources increases acreage in New Mexico with Yates deal

Matador Resources grows Permian Basin holdings in SE New Mexico, West Texas to 155,500 gross acres Matador Resources continued its expansion into the Delaware Basin by announcing another deal involving HEYCO Energy Group, Inc., owned by the Yates family of Roswell, New Mexico. Matador Resources says that on June 5 it completed previously announced joint ventures with HEYCO Energy Group affiliates, which resulted in […]

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Alaska oil production declining, Arctic drilling may revive industry

Recoverable crude oil in North Slope Offshore of Alaska is 23.8 billion barrels Shell’s controversial decision to drill off-shore in the Chukchi Sea may finally slow the 20-year decline in Alaska oil production, according to the US Energy Information Administration. Alaska’s crude oil production has declined from 1.8M b/d in 1991 to 0.5M b/d in 2014, and it

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Pacific NorthWest LNG: Conditional approval for $36 billion BC project

Pacific NorthWest LNG still must secure First Nation buy in, says BC minister A Malaysia-led consortium has made its final investment decision to go ahead with the huge Pacific NorthWest LNG, subject to two conditions, it announced Thursday. Pacific NorthWest LNG has become the first in British Columbia to announce conditional approval of a liquefied natural gas

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Environmental activist a mistake as Alberta Energy chief of staff

McCuaig-Boyd’s judgement as Alberta energy minister already being called into question Graham Mitchell, the new chief of staff to Alberta Energy Minister Marg McCuaig-Boyd, is what in political circles is called a “signal.” In this case, a very clear and troubling signal. The Wildrose Party dug up Mitchell’s recent past as a registered federal anti-pipeline, anti-tar sands

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GOTAC Terminal back on stream, will serve Permian, Eagle Ford customers

If sufficient demand, GOTAC Terminal will be upgraded to 100,000 bbl/day A family dispute over a small Corpus Christ ashphalt refinery – renamed the GOTAC Terminal – has been resolved and Gravity Midstream, LLC says the facility will begin processing Permian and Eagle Ford light crude by mid-2016. Gravity Midstream Corpus ChrisJ, LLC acquired the transacJon facility

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Right-wing foundation for clean energy launches ClearPath.org

ClearPath intends to mobilze center-right voters in run up to 2016 election Why should the left have all the fun? That’s the question being asked – and answered – by conservative climate change activist Jay Faison as he launches his $165 million foundation, ClearPath. The North Carolina-based organization will make strategic grants for research and policy development, and

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