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Tue, 15 May 2012 23:41:53 CDT   forbes.com

The travails of Chesapeake have been well documented, and with good cause. This basically amounts to a new US ?sub-prime? moment. Gas production worth close to spit, has been used to leverage and enhance positions far beyond credible valuations of the underlying asset. Gas reserves are a long way from collateralised debt obligations that ripped through financial markets in 2008, but Chesapeake?s woes pose two big questions for the gas sector to consider: Is shale all it?s cracked up to be on your balance....


Tue, 15 May 2012 23:09:02 CDT   topix.com

Inspired by the shutting down of all nuclear power plants in Japan since May 5 for thorough security checks, the Taiwanese society also starts discussing the possibility for moving towards a nuclear-free Taiwan.


Tue, 15 May 2012 22:52:00 CDT   lancasteronline.com

On May 2, two Lancaster city wastewater officials showed up for a surprise inspection of Armstrong Environmental Services, an East Lampeter Township company that specializes in treating industrial waste. The city had just found out that the company was treating waste from wells that drill for Marcel


Tue, 15 May 2012 20:39:00 CDT   globenewswire.com

Petroleum Development Corporation (dba PDC Energy) ("PDC," or the "Company") (Nasdaq:PETD) announced today that it has priced its previously announced underwritten public offering of 6,500,000 shares of common stock at a public offering price of $26.50 per share. The offering is expected to close on May 21, 2012, subject to certain customary conditions. The Company has also granted the underwriters a 30-day option to purchase up to 975,000 additional shares. The Company intends to use the net proceeds from....



 
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