Hints and tips:
...A unit of DRW pulled in almost $1bn in revenue in the space of two years, underlining the Chicago-based firm’s ascent to the upper rank of global proprietary trading companies....
...Over that period they have also outperformed shares in other leading Marcellus gas producers including Cabot Oil & Gas, Range Resources and EQT itself....
...Mr McClendon’s American Energy Partners, a similarly-named but separate business, has private equity backing and has been investing in the Utica shale region of eastern Ohio, which is believed to be rich...
...People who know Mr Dougan attribute his ascent to three things: attention to detail, a sharp mind, and a ferocious work ethic....
...Two years later, it paid $4.7bn for East Resources. which held big positions in the Marcellus Shale....
...Meanwhile, The Oil Drum points out that just last week, Chesapeake’s chief executive Aubrey McClendon was expressing pessimism about the oil potential of the Utica shale formation in Ohio....
...In March BP announced it was starting exploration of the Utica shale basin in Ohio, thought to have large reserves of oil and gas....
...Chesapeake Energy fell 1.4 per cent to $27.27, even after the company reported successful exploratory drilling in its Utica shale field in eastern Ohio and western Pennsylvania....
...My good performers include Petropavlovsk, up nearly 30 per cent since August 11, followed by Pan African Resources, up 22 per cent, Polo Resources, up 21 per cent, as well as Las Vegas Sands, up 18 per cent...
...The events he covers are scarcely less dramatic than those described in The Prize , including the ascent of the oil price to record highs, the power grab by leaders such as Vladimir Putin and Hugo Chávez...
...It will replace Burlington Resources, an energy group in the process of being acquired by ConocoPhillips, the oil and gas group....
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