Business Cover

conspiracy-carouselFour of the nine men indicted in the Curious Goods case have accepted plea bargains, but high-profile criminal defense attorney Daniel J. Stanford says it’ll be a cold day in hell before he pleads guilty.

Daniel Stanford is a criminal defense lawyer, but in the eyes of the federal government, he’s no different than some of the clients he represents. In other words, the feds believe he, too, is a criminal.

By Patrick Flanagan

INDEPENDENT0017Higher costs and depressed natural gas prices have companies exiting the Haynesville shale in search of rock formations holding black gold.

Rigs are dropping like flies at the Haynesville shale, down 80 percent from a year-and-a-half ago, but Louisiana oil and gas insiders say the drilling exodus from the North Louisiana site is only a minor concern.

By Patrick Flanagan

INDEPENDENT0011 

Last summer’s Gulf lease sale was a sign of progress or just the opposite. Depends on who you ask.

At the end of the day, the June lease sale brought in more than $1.7 billion overall for the Treasury, and Statoil, a Norway-based energy firm, put up the money for an unforgettable $157 million bid — the largest in more than 30 years.

By Jeremy Alford

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