April 26 (Reuters) - NEW YORK, April 25 (Reuters) - Chesapeake Energy Corp said it had replaced the wellhead at a Pennsylvania natural gas well that suffered a blow out last week, which sent drilling fluids spewing into surrounding area.

The new wellhead completes efforts to gain permanent control of the blowout well, the company said late on Monday. (Reporting by Edward…

Posted: March 22, 2011

HOUSTON & UNIVERSITY PARK, Pa.--(BUSINESS WIRE)--For the fourth year in a row, ConocoPhillips [NYSE: COP] and Penn State University kick off the ConocoPhillips Energy Prize. Their goal is to see who can develop the most original and actionable solutions that can help improve the way the United States develops and uses energy.

“This competition challenges students and entrepreneurs to push the boundaries of innovation, and we…

http://insurancenewsnet.com/article.aspx?id=249184&type=newswires

RADNOR, Pa.--(BUSINESS WIRE)-- Penn Virginia Corporation (NYSE: PVA) today announced record levels of proved oil and gas reserves and pro forma production and provided an update of its oil and gas operations, including full-year and fourth quarter 2010 results.

Highlights

Operational results for the year…

RADNOR, Pa.--(BUSINESS WIRE)--Mr. A. James Dearlove, 63, Chief Executive Officer and President of Penn Virginia Corporation (NYSE: PVA), has announced his intention to retire following the annual meeting of shareholders on May 4, 2011 after more than 33 years of service, including nearly 15 years in his current position.

Mr. Dearlove resigned his position as President, but remains a Director and the Chief Executive Officer. The Board of…

Penn Virginia Resource Partners LP said Thursday its midstream division has begun commercial operation of the first section of its…

by Ed Becker

You receive a letter, or visit from a natural gas drilling company asking if you would be interested in an agreement to allow drilling to take place on or near your property.   Suddenly you are faced with options, challenges, opportunities, and questions of critical importance. 

Hundreds of residents are now facing this scenario as the Marcellus Shale industry moves ahead with…

The Heinz Endowments recently awarded a team of Penn State researchers a $412,000, three-year, grant to identify and mitigate the effects of Marcellus Shale natural gas exploration and development on the forest ecosystem. The interdisciplinary research team, led by Margaret Brittingham, professor of wildlife resources, and Patrick Drohan, assistant professor of pedology, both faculty members in the College of…

This past Jan. 25th I was fortunate enough to attend the CPBJ's Marcellus Shale Summit. Those who do not live in the area may not be familiar with the Marcellus Shale. The Marcellus Shale is the secondlargest natural gas deposits in the world.It stretches from north eastern Pa and swings around  and follows into south western Pa. It also stretched into southern NY,…

INDIANA — "Game-changer" and "revolution" are two words being thrown around to describe the Marcellus shale, a natural gas industry spokeswoman said.

And, the potential impact that shale drilling can have -- on the economy, on communities, on the environment -- just underscores the importance for the industry to get it right, especially with the entire world watching.

That was the message of Kathryn Klaber, president of the Marcellus Shale Coalition. Klaber was the guest…