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Oil & Gas CFOs Cite Unconventional Energy Sources as Greatest Investment in 2012

The discovery of new resource plays such as the Niobrara here in Wyoming and Colorado is driving overall oil and gas industry growth in 2012, according to a new study released by BDO USA, LLP. Energy executives are focusing their attention and capital on unconventional resources.

11Jan2012 | admin | 0 comments | Continued
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Encana Wants More Time from EPA to Respond to Water Contamination Report

Last Friday the energy company sent a letter to Paul Antastas, assistant administrator of the EPA’s Office of Research and Development. In it, Encana asked the EPA to lengthen the 45-day comment period — which is set to expire on January 27 — for comments on a report the agency issued last month on its study of groundwater contamination near the town of Pavillion.

10Jan2012 | admin | 0 comments | Continued
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Group Says Study Needed on Shale Gas
Health Effects

Advances in hydraulic fracturing drilling techniques have revolutionized the natural gas industry, but researchers said more must be done to evaluate what the shale boom means for the those living near wells.

10Jan2012 | admin | 0 comments | Continued
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Forecast for Energy Efficiency in 2012:
Mostly Sunny

Looking forward into 2012, I see more reasons for optimism than pessimism. Many states and utilities are committed to ramping up their energy efficiency programs this year and even more are considering similar steps.

8Jan2012 | admin | 0 comments | Continued
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Wyoming Oil and Gas officials: Safety Report is
a Call to Action

Nearly all of the state’s oil and gas industry deaths were due to a failure to follow existing safety procedures, former state occupational epidemiologist Timothy Ryan said in a memo last month to Gov. Matt Mead.

6Jan2012 | admin | 0 comments | Continued
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Regional Update — Shale Priming The West’s Energy Industry

France energy giant Total SA is joining the domestic shale rush with a $2.3 billion investment in Chesapeake Energy. Meanwhile, China Petrochemical Corp. is ponying up $2.5 billion in a joint venture with Devon Energy to explore oil and gas projects from the Niobrara in Colorado to the Tuscaloosa Marine shale in Alabama and Mississippi.

5Jan2012 | admin | 0 comments | Continued
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Duke-American Acquires Zephyr Project for Wyoming Wind Power

The newly formed joint venture says it is commited to using at least 2,100 MW of the transmission line’s capacity to provide wind power to California and the southwestern United States from the wind-rich areas of eastern Wyoming

4Jan2012 | admin | 0 comments | Continued
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Industry: Pavillion Report Won’t Affect Niobrara Play

As many continue to question the scientific conclusions of the findings, both the EPA and industry representatives say the specific concerns raised in the report are not applicable to southeast Wyoming — because the Niobrara formation is geologically much different than the Pavillion area.

4Jan2012 | admin | 0 comments | Continued
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Wyoming’s Share of Federal Coal Lease Sales
Surpass $2 Billion

Thanks to Arch Coal’s successful $300 million bid in the Powder River Basin earlier this month,the state’s share of lease revenue jumped to $2.08 billion. What’s more, the lease of the federally-owned coal by an Arch subsidiary came out to $1.35 per mineable ton, a new state record.

29Dec2011 | admin | 0 comments | Continued
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Coal Extraction Poses Climate Challenge for Obama Administration

Since taking office nearly three years ago, it has restricted coal-mining waste from being dumped into streams and imposed new pollution controls on coal-fired power plants. But on the fundamental question of whether the government should halt federal leasing, Obama’s answer has been: not yet.

26Dec2011 | admin | 0 comments | Continued
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Moving From Coal to Gas-Fired Generation Not a Sure Bet

“As we convert more coal to natural gas across the Western Interconnection, it is going to have… big impacts on the natural gas sector in terms of supply, storage, and frankly,
gas pipeline infrastructure.”

23Dec2011 | admin | 0 comments | Continued
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Mid-Week News Tracker

DKRW Advanced Fuels has asked Wyoming to purchase up to $300 million in industrial development bonds to help finance the $2 billion project … in the meantime, a joint venture has led to the purchase of the $3.5 billion Zephyr power line project, which is expected to move energy 950 miles from southeast Wyoming to Nevada for customers in the Southwest.

21Dec2011 | admin | 0 comments | Continued
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Groups Urge Denial of Flaming Gorge
Pipeline Permit

The pipeline would be far too expensive and would harm the Green River’s world-class recreation and tourism economies, businesses and river advocates said Monday. They urged the FERC to deny a private developer’s preliminary permit application for the massive
water project.

20Dec2011 | admin | 0 comments | Continued
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A Cleantech Venture Capitalist Who is Unconvinced of Man-Made Climate Change

Go ahead — call me a hypocrite. I claim to be a cleantech venture capitalist yet I tell you here and now that I am not convinced of anthropogenic (human-caused) climate change (aka global warming). And I will audaciously tell you that my convictions on climate change in no way run contrary to my strong belief in the need for a cleantech revolution.

19Dec2011 | admin | 0 comments | Continued
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