Nuverra Swallows Poison Pill to Prevent Hostile Takeover

Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling (drill cuttings). The company has major operations in the Marcellus/Utica region. Yesterday Nuverra announced its board of directors has approved the adoption of a “limited duration stockholder rights plan” (i.e. poison pill provision) to “protect stockholder interests.”
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OH Supremes Say Landowner Looked Hard Enough, Keeps Mineral Rights

The Ohio Supreme Court just delivered a decision that affects one particular landowner (and former mineral rights owner), but also has implications for all Ohio landowners and rights owners. And by extension, implications for drillers that pay royalty payments. The Supremes found in Gerrity v. Chervenak that the landowners in the case (the Chervenaks) did enough due diligence when searching for the rights owner who had moved out of the area. The Supremes said the landowner performed the proper steps to reclaim ownership of the severed mineral rights under their land.
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Ohio Passes Bill Punishing Illegal Protesters at O&G Sites

Anti-fossil fuelers love to protest things. Fine. Let them protest. This is (still) America. But when antis tip over into illegal acts like blocking legal activities of building pipelines or drilling wells, or when antis tip over into acts of vandalism like destroying equipment, that’s NOT okay. Antis call it “protesting.” We call it criminal behavior. A bill just passed in the Ohio legislature calls such activity what it is–crimes. And now (provided Gov. DeWine signs the bill into law, which is expected), such miscreants will pay stiff fines and in some cases do jail time for their crimes.
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NETL Morgantown, WV Working on Carbon Capture for Gas-Fired Plants

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The National Energy Technology Laboratory (NETL) is one of the crown jewels of our federal government. NETL is a U.S. national laboratory under the Dept. of Energy Office of Fossil Energy. NETL focuses on applied research for the clean production and use of domestic energy resources. Capturing and using carbon dioxide is a key focus of NETL’s programs.
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American Gas Association Gets New Chair Who Disrespects Natural Gas

From the “With friends like this…” department, we have some upsetting news to report. The incoming chair of the American Gas Association (AGA), David Anderson, president and CEO of Northwest Natural Holding Co., says it’s time to “think big and think differently” about the end of natural gas. Anderson likes hydrogen and methane from landfills and the buttholes of animals, instead of natural gas that comes out of the ground. Go figure.
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WoodMac: Ten Predictions for the Energy Sector in 2021

Wood Mackenzie, also known as WoodMac, is a global energy, chemicals, renewables, metals, and mining research and consultancy group. WoodMac writes reports and dishes out expert advice to investors dealing with the energy industry. WoodMac analysts have put their heads together to predict what we should expect in the energy space in the coming year, from oil markets to solar costs and coal exports to electric vehicles.
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Other Stories of Interest: Tue, Dec 22, 2020

MARCELLUS/UTICA REGION: CNX helps bring virtual learning to West Greene students; OOGEEP educates record number of Ohioans on oil and gas industry; New York uses drones to find, plug ‘orphan’ gas wells; NATIONAL: Sen. Whitehouse’s call for climate inquisition undermines scientific research; US shale producers keep tight grip on purse strings; Natural gas – a very bullish weather scenario is developing; Once again, Congress reaches into taxpayer wallets for the renewable energy lobby; Republican threatens ‘brawl’ over Biden’s EPA, Interior picks; INTERNATIONAL: 5G could worsen “climate change,” claims French government advisor.
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