Utica Shale

Capstone Green Energy Secures Second Order this Year from Oil and Gas Customer in the Marcellus Shale Region in Appalachia

Retrieved on: 
Thursday, June 15, 2023

The systems will be deployed in the heart of the Marcellus Shale Play in Appalachia and add to an already extensive fleet of Capstone microturbine systems.

Key Points: 
  • The systems will be deployed in the heart of the Marcellus Shale Play in Appalachia and add to an already extensive fleet of Capstone microturbine systems.
  • This degree of customer loyalty can be attributed to the dependable performance, minimal maintenance requirements, and environmentally-friendly nature of our microturbine-based solutions.
  • “Our Marcellus and Utica Shale customers have expressed great satisfaction with both the power performance and round-the-clock operational reliability provided by Team E-Finity.
  • “These microturbine units will significantly enhance production and facilitate the efficient extraction of clean-burning, abundant natural gas from one of the world's largest natural gas fields,” added Mr. Beiter.

Summit Midstream Partners, LP Announces Synergistic and Accretive Bolt-on Acquisitions in the DJ Basin

Retrieved on: 
Monday, October 17, 2022

The Outrigger DJ and Sterling DJ consolidated asset portfolio is located in Weld, Morgan, and Logan Counties, Colorado and Cheyenne County, Nebraska.

Key Points: 
  • The Outrigger DJ and Sterling DJ consolidated asset portfolio is located in Weld, Morgan, and Logan Counties, Colorado and Cheyenne County, Nebraska.
  • Heath Deneke, President, Chief Executive Officer and Chairman, commented, "We are excited to announce the expansion of our DJ Basin presence with these strategic bolt-on acquisitions.
  • Volume throughput on the Sterling DJ system is underpinned by acreage dedications, with an estimated 170,000 leased mineral acres attributable to several leading DJ Basin producers.
  • The call can be accessed via teleconference at: Q3 2022 Summit Midstream Partners LP Earnings Conference Call ( https://register.vevent.com/register/BI0835fc438bc64ded92d518ca8c8d6f95 ).

Ascent Resources Using Methane Detection Lasers for MiQ Certification

Retrieved on: 
Thursday, September 29, 2022

Ascent Resources Utica, LLC (Ascent) recently announced that nearly all of its natural gas production had achieved the top Grade A certification under the MiQ methane emissions standard.

Key Points: 
  • Ascent Resources Utica, LLC (Ascent) recently announced that nearly all of its natural gas production had achieved the top Grade A certification under the MiQ methane emissions standard.
  • As part of its certification, Ascent has partnered with Bridger Photonics (Bridger), a Montana-based company that utilizes aerial methane detecting technology, Gas Mapping LiDAR, to detect, locate, and quantify methane emissions.
  • Ascent also participates in other responsibly sourced gas (RSG) opportunities in addition to certifying its production with MiQ.
  • Located in Bozeman, Montana, Bridger Photonics provides aerial methane detection, localization, and quantification across the entire natural gas value chain.

Summit Midstream Partners, LP Announces 2021 K-3 Tax Form Availability

Retrieved on: 
Monday, September 12, 2022

HOUSTON, Sept. 12, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its 2021 Schedule K-3 is available online.

Key Points: 
  • HOUSTON, Sept. 12, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its 2021 Schedule K-3 is available online.
  • SMLP will also mail a 2021 Schedule K-3 to any unitholder making a request for a physical copy.
  • A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements.
  • To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.

ASCENT RESOURCES, LLC ANNOUNCES CLOSING OF UTICA SHALE BOLT-ON ACQUISITION

Retrieved on: 
Friday, August 5, 2022

OKLAHOMA CITY, Aug. 5, 2022 /PRNewswire/ -- Ascent Resources, LLC (together with its subsidiaries, "Ascent" or the "Company") announced today that it has closed on the previously announced bolt-on acquisition with XTO Energy, a subsidiary of ExxonMobil Corporation, in the Utica Shale in Ohio for a total purchase price of $270 million, subject to customary closing purchase price adjustments.

Key Points: 
  • OKLAHOMA CITY, Aug. 5, 2022 /PRNewswire/ -- Ascent Resources, LLC (together with its subsidiaries, "Ascent" or the "Company") announced today that it has closed on the previously announced bolt-on acquisition with XTO Energy, a subsidiary of ExxonMobil Corporation, in the Utica Shale in Ohio for a total purchase price of $270 million, subject to customary closing purchase price adjustments.
  • Ascent financed the transaction with a combination of cash on hand and borrowings under its revolving credit facility.
  • Ascent is one of the largest private producers of natural gas in the United States and is focused on acquiring, developing, producing, and operating natural gas and oil properties located in the Utica Shale in southern Ohio.
  • With a continued focus on good corporate citizenship, Ascent is committed to delivering low-cost clean-burning energy to our country and the world, while reducing environmental impacts.

Summit Midstream Partners, LP Schedules Second Quarter 2022 Earnings Call

Retrieved on: 
Thursday, July 21, 2022

HOUSTON, July 21, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the second quarter of 2022 on Thursday, August 4, 2022, after the close of trading on the New York Stock Exchange.

Key Points: 
  • HOUSTON, July 21, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the second quarter of 2022 on Thursday, August 4, 2022, after the close of trading on the New York Stock Exchange.
  • SMLP will host a conference call at 10:00 a.m. Eastern on Friday, August 5, 2022, to discuss its quarterly operating and financial results.
  • Interested parties may participate in the call by dialing 404-400-0571 or toll-free 866-374-5140 and entering the PIN 91939799#.
  • The conference call, live webcast and archive of the call can be accessed through the Investors section of SMLP's website at www.summitmidstream.com .

Spire Marketing to provide RSG through agreement with Ascent Resources

Retrieved on: 
Wednesday, July 6, 2022

HOUSTON, July 6, 2022 /PRNewswire/ -- Spire Marketing Inc., a wholly owned subsidiary of Spire Inc. (NYSE: SR), has completed a multi-year agreement to purchase responsibly sourced gas (RSG) from Ascent Resources.

Key Points: 
  • HOUSTON, July 6, 2022 /PRNewswire/ -- Spire Marketing Inc., a wholly owned subsidiary of Spire Inc. (NYSE: SR), has completed a multi-year agreement to purchase responsibly sourced gas (RSG) from Ascent Resources.
  • The agreement with Ascent represents the first RSG transaction for Spire Marketing.
  • Our agreement with Ascent now provides us with the ability to bring this value to our clients throughout North America," said Patrick Strange, Spire Marketing President.
  • Our natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage.

Summit Midstream Partners, LP Announces Adjournment of Annual Meeting and Information for Reconvened Annual Meeting

Retrieved on: 
Thursday, May 26, 2022

A quorum was present at the Annual Meeting.

Key Points: 
  • A quorum was present at the Annual Meeting.
  • The Annual Meeting will be reconvened solely with respect to Proposal 2 on Friday, June 24, 2022 at 9:00 a.m. Central Time and will be held virtually via live webcast at https://web.lumiagm.com/275506380 (password: summit2022).
  • Any proxies previously submitted by such holders with respect to Proposal 2 will continue to be counted.
  • This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws, including, without limitation, the timing of the reconvened Annual Meeting.

Summit Midstream Partners, LP Schedules First Quarter 2022 Earnings Call

Retrieved on: 
Tuesday, April 19, 2022

HOUSTON, April 19, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the first quarter of 2022 on Tuesday, May 3, 2022, after the close of trading on the New York Stock Exchange.

Key Points: 
  • HOUSTON, April 19, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the first quarter of 2022 on Tuesday, May 3, 2022, after the close of trading on the New York Stock Exchange.
  • SMLP will host a conference call at 10:00 a.m. Eastern on Wednesday, May 4, 2022, to discuss its quarterly operating and financial results.
  • Interested parties may participate in the call by dialing 404-400-0571 or toll-free 866-374-5140 and entering the PIN 73884207#.
  • The conference call, live webcast and archive of the call can be accessed through the Investors section of SMLP's website at www.summitmidstream.com .

Verde Bio Holdings, Inc. Discusses Third Quarter Financial Results

Retrieved on: 
Thursday, March 17, 2022

Verde Bio begins receiving revenue after a transfer process, which is not in our control.

Key Points: 
  • Verde Bio begins receiving revenue after a transfer process, which is not in our control.
  • We can count on receiving back revenues in the current quarter and year-end.
  • The revenue in our third quarter was based on an average of $72/bbl of crude oil and $4/mcf for natural gas.
  • Verde Bio Holdings CEO said the Company continues to examine many possible future acquisitions.