Carbon meeting slated

The Carbon Sequestration Working Group will meet Dec. 3 and Dec.4 to discuss financial assurance and bonding procedures.

Presentations will be given on financial assurance options and risk assessment for carbon capture and sequestration, according to a press release.

 A new Wyoming law intends to resolve regulation issues associated with the underground storage of carbon dioxide.

The meeting will be held at the Plains Hotel in Cheyenne. It is open to the public.

For more information, contact Dan Clark at (307) 777n7388.

 

Warren Resources continues streak

Warren Resources recorded its 16th consecutive quarter of record production and operating cash flow since becoming a publicly-traded company in December 2004.

During the third quarter compared to year earlier, oil and gas production increased 42 percent to a record of 2.5 BCFE and operating cash flow for the current nine months increased to 214 percent to $55.5 million compared to $17.7 million for last year, according to a press release.

Warren Resources operates the Catalina Unit in Wyoming's Atlantic Rim.

Group honors Upton woman

An Upton businesswoman has been honored for her efforts by the Wyoming Council for Women's Issues.

Carmen Diehl received the 2008 Summit Award at the Wyoming Business Alliance Fall Forum in Casper last week.

Diehl, who owns three grocery stores in Upton, Moorcroft and Pine Haven, was recognized for the concern she shows employees.

Ace accepts lights for recycling

Ace Hardware stories in Colorado and Wyoming are accepting traditional, incandescent holiday lights for recycling, a press release indicates.

Participating stores will offer discounts on the purchase of new LED light sets to people who bring in the older lights.

There are about 150 Ace Hardware stores in Colorado and Wyoming.

Pinnacle Gas scales back

Sheridan-based Pinnacle Gas Resources, an independent natural gas exploration and development firm, said that it plans to scale back drilling activity in the fourth quarter as a result of low and volatile pricing in the Rocky Mountain region.

USDA deadline nears

The fall sales closing date for pasture, rangeland, forage (PRF) insurance is Nov. 30, according to the U.S. Department of Agriculture.

PRF crop insurance has been available in limited areas for the past two years.

For more information, visit {M7http://www.rma.usda.gov/policies/pasturerangeforage/.

Wyoming ranks low in study

Wyoming ranks near the bottom of a "New Economy Index" from the Ewing Marion Kauffman Foundation.

The report put the state in 46th place when it comes to such factors as the degree to which Wyoming's economy is global, knowledge-dependent, entrepreneurial and rooted in information technologies.

Massachusetts topped the ranking, followed by Washington and Maryland.

EnCana donates for bins

EnCana Oil and Gas (USA) has used $990 for recycling bins to augment a gift the company made last fall, according to a press release.

Last year, EnCana donated funds to purchase a recycling trailer and initiate the Town of Shoshoni’s first recycling program.

Colorado rakes in royalties

Colorado collected a record in natural gas drilling royalties last fiscal year.

The receipts from drilling on federal land hit $178.4 million for the fiscal year that ended Sept. 30. The haul puts Colorado third among 35 royalty-receiving states, behind Wyoming and New Mexico.

Royalties increased 45 percent from 2007. But officials say royalty payments this year will likely dip as natural gas prices drop.