A source close to Israel’s Delek Group told Reuters that Chinese investment group Fosun International is interested in buying two small natural gas fields in the eastern Mediterranean from Delek.
Hovensa currently has capacity for 13 million barrels of crude and oil products. Freepoint will lease 2 million barrels of fuel oil storage at the site, Reuters reported.
BP Plc’s (NYSE: BP) Cotton Valley Sands leasehold acreage in East Texas is on the market through a sealed bid offering.
The acreage is located in the Northwest and Southwest Woodlawn fields in Harrison County.
EnergyNet has been retained by BP America Production Co., an affiliate of the London-based company, to handle the transaction.
MarkWest will become a wholly owned unit of MPLX and the two companies are expected to generate a mid-20% compound annual distribution growth rate through 2019, Reuters said.
Trilogy also completed the exchange of 5.25 net sections of undeveloped Duvernay lands for an equal number of sections of Duvernay rights for no additional consideration.
Michael J. Fournier, president and incoming CEO, said the sale of the professional services segment will enhance the rebuilding of the company backlog.
Including the funds from the asset disposition, there was $58 million drawn on the $1 billion committed bank facility. The long-term debt is mostly comprised of U.S. dollars.
Rover, based in Dallas, will pursue a strategy of acquisition and development of conventional oil assets in North America. The company will concentrate on opportunities within the Texas and Oklahoma region.
The TAP project aims to transport gas from Azerbaijan's Shah Deniz II Field in the Caspian Sea, one of the world's largest gas fields, by the end of the decade.
Natural Gas Pipeline Co. of America LLC has about 9,200 miles of pipeline, more than 1 million horsepower of compressor facilities and 288 billion cubic feet of working gas storage.
Leonard Van Betuw, Quattro’s president and CEO, said interest piqued in SRD after it made its first commercialized application--the hyMesh wireless solution for collecting real-time seismic imaging.
EORs are underway, and the reserve life index is about 12 years. Per flowing barrel of oil, the metric is CA$50,000, and the proved acquisition price is CA$15.67 per barrel.
|E&P||USD 803||Members only||Tall City Exploration LLC|
|E&P||USD 281||Members only||Plymouth Petroleum LLC|
|E&P||USD 177.5||Members only||Resolute Energy Corp.|
|E&P||USD 73||Members only||Noble Energy Inc.|