TCF's debts, so its best bet would be to let the company go bust.
"Up to 700, 000 tcf of methane hydrates lie beneath the ocean floor and the Arctic, " Mulva said.
The US Geological Survey has pegged Marcellus at an estimated recoverable total of 84 trillion cubic feet (TCF).
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Previous government estimates, using the same methodology, identified 1750 tcf of gas and 186 billion barrels of oil.
They total over 8 TCF (trillion cubic feet) of annual gas export capacity.
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In the 4% case, the 2, 203 Tcf is exhausted in about 50 years.
Nationwide, since 2007 shale gas production has soared from 1.3 trillion cubic feet to more than 4 tcf a year.
Cyprus currently boasts access to almost half of an estimated 122 tcf of natural gas below waters in the Eastern Mediterranean.
He financed the fleet with savings and a loan from TCF Bank.
TCF's and Seiyu's own debt continue to weigh on the company, the danger is that Seiyu will have to sell its best assets.
But a joint survey by the state-run Petrobangla corporation and the United States Geological Survey (USGS) suggests that Bangladesh's gas reserves could reach as much as sixty-one trillion cubic feet (tcf).
First Niagara Financial Group, Inc. ( NASD: FNFG) is up about 3.4%, TCF Financial Corp. ( NYSE: TCB) is down about 2.3%, and Signature Bank ( NASD: SBNY) is higher by about 0.6%.
Anadarko discovered a massive gas field off the coast of Mozambique in 2006 that extends across 100 miles and may contain 70 trillion cubic feet of gas (US yearly gas consumption: 30 tcf).
In addition to oil reserves, Nigeria holds approximately 185 trillion cubic feet (Tcf) of proven natural gas reserves, making the country the largest natural gas holder in Africa and the seventh largest in the world.
Contrary to the dire reports from the press, this indicates the potential for tremendous growth in the resource base and that the Marcellus contains enough gas to satisfy U.S. demand (roughly 27 tcf per year) for 15 years.
Among the largest underlying components of KBE, in trading today U.S. Bancorp ( NYSE: USB) is off about 0.5%, TCF Financial Corp. ( NYSE: TCB) is down about 1%, and KeyCorp ( NYSE: KEY) is lower by about 0.5%.
In October 2010, TCF National Bank (Wayzata, Minnesota) filed a lawsuit challenging the constitutionality of an amendment to Dodd-Frank, proposed by Illinois Democratic Senator Richard Durbin after he apparently had been lobbied by a constituent, Walgreens CEO Gregory Wasson.
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In October, it released its first estimates for the neighboring (in Ohio) or underlying (in Pennsylvania and New York) Utica shales of 38 TCF, plus 940 million barrels of unconventional oil resources and 208 million barrels of unconventional liquids.
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Other clues followed as well, including a desperate lawsuit from TCF Financial, where the company effectively said that recent conversations with the Fed led them to believe that debit interchange revenues would be lowered by somewhere on the order of 80%.
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Among the largest underlying components of KBE, in trading today Bank of America Corp. ( NYSE: BAC) is down about 0.2%, Zions Bancorporation ( NASD: ZION) is off about 1%, and TCF Financial Corp. ( NYSE: TCB) is lower by about 0.6%.
The agency announcement: that it had increased its estimate of undiscovered natural gas in the Marcellus Shale (which underlies much of Pennsylvania, New York, West Virginia and Maryland) from the 2 trillion cubic feet it figured back in 2002 to 84 tcf today.
Cyprus is one of a handful of countries in the Eastern Mediterranean with a firm claim on one of the largest natural gas finds in the region, offering access to an estimated 50 to 60 tcf of gas and 1.7 billion barrels of crude in waters off its southeastern coast.
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