Monthly Archives: February 2013

Hickenlooper argues in Washington for state regulation of fracking

By Allison Sherry – The Denver Post – February 12, 2013 WASHINGTON — States — not the federal government — should lead in regulating natural gas production, Gov. John Hickenlooper told a Senate committee Tuesday, angering environmentalists and drawing applause from energy groups … Continue reading

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Colorado oil and gas well setback fight headed to state legislature

By Mark Jaffe – The Denver Post – February 11, 2013 The Colorado Oil and Gas Conservation Commission approved 500-foot buffers between new wells and homes on Monday, but the state legislature may have a final say on the issue. The … Continue reading

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Recovery Energy Focuses 2013 Exploration Program on Nebraska – Wyoming Border

While the bulk of Niobrara activity has been focused on Colorado’s Wattenberg field, other companies like Recovery Energy have been actively searching for prospects in Wyoming and Nebraska which also hold great potential for Niobrara Oil. Recovery Energy has amassed a … Continue reading

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Bakken and Niobrara Shale Boom Drives REIT Growth

In an interesting article on Seeking Alpha, David White focuses on the the growth of IRET (Investors Real Estate Trust) due to the location of their properties and their proximity to the development of unconventional oil and gas resources, mainly in the Bakken and … Continue reading

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Noble Energy to Accelerate Niobrara Operations

At the Credit Suisse Energy Summit being held on February 4-8, 2013, Noble Energy reported that they will be rapidly expanding their Niobrara development program to complete over 500 wells per year in 2016. Noble’ net resources dramatically increased to 2.1 … Continue reading

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PDC Energy to sell off Colorado assets for $200M

Mark Harden – News Director-Denver Business Journal – Feb 5, 2013 Denver’s PDC Energy Corp. said Tuesday it has an agreement to sell “non core” Colorado natural gas assets for $200 million, saying it will use the proceeds to develop other assets. The … Continue reading

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COGCC to hold another Rulemaking Hearing on Statewide Drilling Setbacks

The COGCC (Colorado Oil and Gas Conservation Commission) announced today that it will hold a Commission Hearing on Monday, February 11, 2013 at 9:00 a.m. to continue Commission deliberations regarding the Rulemaking for Statewide Setbacks. The location for the rule making hearing will be held at:

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