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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Alliance's Hillwood Commons lands first tenant

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Norstra Energy names operator for Sun River

 

A. Lee Graham
Reporter
 
lgraham@bizpress.net
 
Norstra Energy Inc. of Southlake has appointed an operator for its South Sun River project in Montana.
Agreeing to serve the role by operating the project’s first three roles is Summit West Oil LLC of Spokane, Wash.
"We are very pleased to secure the services of Summit West Oil LLC," said Norstra president and CEO Glen Landry, commenting in a news release.
"Summit West is an experienced operator, with great industry connections and a very good reputation with the authorities in Montana,” Landry said.
Summit West already served as operator for three wells in Montana in 2012, Landry pointed out.
As part of its newly announced Norstra duties, Summit West will create a cost estimate for drilling and completion expenses of the first well. The firm also will secure drilling subcontractors. The cost estimate, which will include final bids, is expected to be finalized within a month.
During that time, Landry and his technical advisers plan to determine the first drill location based on seismic lines and other technical data. After reviewing previously available seismic line information and meeting with Norstra’s geophysical consultants, the company ordered the prospect’s first targeted seismic data.
After Norstra and its geophysicist determine the first drill location, Norstra will design the drilling pad and start the permitting process.
Norstra Energy Inc. is an oil and gas exploration company with interests spanning more than 10,000 acres in the Bakken Shale in Montana. More information is available at www.norstraenergy.com.
 

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