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Article: U.S. Energy Corp. Updates Wyoming Powder River Basin Coalbed Methane Projects.
- Article from:
- PR Newswire
- Article date:
- January 15, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Production at Bobcat Field Nearing Two Million Cubic Feet Per Day
U.S. Energy Corp. and Crested Corp. (BULLETIN BOARD: CBAG) , d/b/a USECC, today provided an update on their subsidiary, Rocky Mountain Gas, Inc.'s (RMG) coalbed methane activities in the Powder River Basin of northeastern Wyoming.
"I am pleased with RMG's progress since our previous update last November," commented Peter G. Schoonmaker, president of Rocky Mountain Gas, Inc. "Our natural gas production volumes are increasing and winter season prices for Powder River Basin gas have more than tripled from the lows last summer. If the gas transmission companies achieve the proposed increase ...