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Epsilon Energy Cuts Natural Gas Production By 45 Pct
Canada’s Epsilon Energy Ltd said it is curtailing its natural gas production by nearly 45 percent due to lower prices.
The oil and gas company said it is cutting down on natural gas production from about 3.8 million cubic feet per day (Mmcf/d) to about 2.1 Mmcf/d.
Magellan Petroleum Mining Exploration Reported from Patron 1
Magellan Petroleum Corporation announced that the Patron 1, an exploration well, the second well drilled under the PEL 93 farmin agreement, spudded in PEL 93 in the Cooper Basin of South Australia on September 20.
Patron 1 is located approximately 14.5 kilometers south of the Worrior oil field and 3.5 kilometers northwest of the Padulla oil [...]
LNG adds partner
Gulf Coast LNG Partners, L.P. (GCLP) announced Friday that it is has executed a Memorandum of Understanding (MOU) for the consortium of KOGAS, LG International, and Houston based EMS Group (Port Lavaca LNG Services, LLC) to be the operator for the Calhoun LNG Terminal. The consortium has also agreed to participate as an equity owner [...]
