Rice Brothers, EQT Accuse Each Other of “Misleading” Statements

The war to control EQT continues. On Monday, Toby and Derek Rice (the Rice brothers) sent an open letter to EQT shareholders to “set the record straight on EQT’s misleading comments” about the Rice boys and their plan to take over EQT. In fact, the Rices’ say EQT has made “a number of false claims” and engaged in “personal attacks.” Yesterday, EQT issued a response to “correct the Toby Rice Group’s false and misleading statements” about what EQT said, and to “highlight significant omissions and errors” in the Rice analysis of EQT’s recent performance.
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WV Supreme Court Rejects Nuisance Lawsuit Against Antero

In Feb. 2016, lawsuits filed by some ~200 West Virginia residents against Antero Resources were combined into a class action (see More People Pile on Antero, Seek to Join Mass “Nuisance” Lawsuit). The lawsuits are called “nuisance” lawsuits because, according to the plantiffs, Antero is a nuisance to them (truck traffic, noise, lights at night, etc.). The collective class action nuisance lawsuit was appealed all the way to the WV Supreme Court. On Monday, the Supremes rejected the nuisance claims, granting Antero a big victory.
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Dominion “Very Confident” Atlantic Coast Pipe WILL Get Built

Dominion Energy has laid 35 miles (so far) of the 600-mile Atlantic Coast Pipeline (ACP) project that will run from West Virginia to North Carolina to bring Marcellus/Utica gas to the South. However, the project has been stalled for months due to multiple lawsuits brought by colluding Big Green groups. We recently told you about a whispering campaign that says Dominion may abandon the project (see Whispers Begin that Dominion May Abandon Atlantic Coast Pipeline). According to Dominion’s senior VP of gas transmission, the whisperers are wrong.
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Equitrans: Grenade-Throwing Sierra Club Won’t Stop MVP Project

All pipeline projects of any kind now get lying, smearing resistance from far-left organizations like the odious Sierra Club. Equitrans Midstream’s 303-mile Mountain Valley Pipeline (MVP) that will run from Wetzel County, WV to the Transco Pipeline in Pittsylvania County, VA is no exception. Equitrans held its annual meeting yesterday in Pittsburgh. Topic A for shareholders is the status of MVP. Equitrans’ top brass had some interesting comments about the project and its detractors.
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Protesting Antis Allowed to Attend Plum, PA Private Shale Meeting

Shale driller Huntley & Huntley (H&H), headquartered in Monroeville (Allegheny County), PA, organized a private meeting last night in Plum, PA for “officials from local municipalities, the state Department of Environmental Protection and the oil and gas industry.” The meeting was an effort at good communication, so local officials know what is and is not allowed, and who regulates what, when it comes to shale drilling. Of course anti-drillers got wind of the meeting and pitched a fit until H&H opened up the meeting to let them attend.
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Energy Stories of Interest: Wed, Jun 12, 2019

Jerry Jones – Crazy (like a fox) for the Haynesville

MARCELLUS/UTICA REGION: House committee approves 2 Energize PA natural gas use subsidy bills; Democrats plot legislative end run to pass Wolf’s infrastructure plan, while internal debate continues; Union gets nasty over natural gas pipeline rejection; OTHER U.S. REGIONS: Piedmont taps Matrix to construct 1 Bcf North Carolina LNG storage facility; Jerry Jones likens gas deal to his Dallas Cowboys buy 30 years ago; California’s gas plant pipeline dwindles as Calpine drops Mission Rock application; Flurry of changes coming to Texas Gulf Coast gas markets; Companies seek 149 permits in 1 week to drill at West Texas field; NATIONAL: The US will maintain oil production despite falling prices; America’s natural gas and oil industry is hiring, building diversity.
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