Back in the spring of 2012, while walking in the deep woods of northern Ontario, Sonny Gagnon stumbled across a collection of surveying equipment among the towering spruce trees. Gagnon is chief of the Aroland aboriginal tribe, a band of 450 people living in a village of ramshackle houses surrounded by swampy muskeg. He tracks everything that goes on in his community. And the surveying tools weren’t supposed to be there.
U.S. stocks rose to a record, capping the best month since October, as improving consumer confidence and speculation that the Federal Reserve will support the economy offset concern over escalating conflict in Ukraine.
Cabot Oil & Gas Corp., the best performer in the Standard & Poor’s 500 index last year, may curtail drilling to cope with natural-gas prices that slumped to a 10-year low because of a supply glut it helped create.
Dec. 6 (Bloomberg) -- Steve Mueller, chief executive officer of Southwestern Energy Co., talks about the company's expansion plans and the outlook for joint ventures. Southwestern Energy, which pioneered natural-gas development from Arkansas’s Fayetteville Shale, may enter into joint ventures next year for its New Brunswick acreage in Canada and Brown Dense holdings in the U.S. Mueller spoke with Bloomberg's Edward Klump on Dec. 4 at a Capital One Southcoast energy conference in New Orleans. (Source: Bloomberg)
A Texas judge is weighing whether Southwestern Energy Co. should give up $381.5 million in profits in the wake of a jury’s verdict that the Houston oil and gas company stole “sweet spots” well data from two prospectors.
Southwestern Energy Co. , the largest natural-gas producer in the Fayetteville Shale of Arkansas, said development of the Marcellus Shale in Pennsylvania may be slowed if dry weather continues the next few months.