Colorado and Utah are offering acreage in upcoming lease auctions, according to EnergyNet, which has been retained to handle the sales.
The state of Colorado has about 18,168.03 acres available for lease. In another auction, the state of Utah has opened up 42 tracts for lease.
Suncor has extended its offer to Feb. 22 so that Canadian Oil Sands shareholders who have not yet tendered their shares can do so. Further extensions beyond Feb. 22 are not anticipated, the release said
PDi, which provides multi-discipline engineering and project management for the oil and gas industry, was acquired by Ceona in 2012 to augment Ceona Group.
Anita G. Bruni Family Interests is offering certain mineral interests in the Cibolo Ranch area in Webb County, Texas.
The Oil & Gas Asset Clearinghouse has been retained as the exclusive technical, marketing and transaction adviser for the sale.
The offering is comprised of about 1,737 gross undivided mineral interests with productive targets of the Eagle Ford Shale and Lower Wilcox/Lobo Gas Play.
Greg Wachel and Henri deLaunay, formerly of Hilcorp Energy Co., lead the company. They have 30 years’ combined experience in acquiring and managing oil and natural gas fields.
The assets include working interests in 545,894 gross acres gross acres of land in Alberta and British Columbia (including 345,708 net undeveloped acres).
Gas project in New South Wales delivered "disappointing gas flow" and "the economic returns to support the investment of approximately AU$1 billion were not adequate," the company said, Reuters reported.
The deal, the company's first, included 112 total wells, 54 operated, with 2,300 barrels of operated oil equivalent per day production in the Williston.
The disposition included 6,739 acres of developed and undeveloped land at Kerrobert and mineral rights associated with 10,881 acres of undeveloped land around Edam, Saskatchewan.
Occidental Petroleum Corp. (NYSE: OXY) is divesting 19 Permian Basin wells and associated leasehold acreage in a sealed bid offering.
The assets are located in Pecos County, Texas. EnergyNet has been retained by a subsidiary of the Houston company, OXY USA Inc., to handle the transaction.
The Permian is home to Occidental's domestic core asset. According to its website, the company has about 5 million gross acres with more than 12,000 operated gross wells in the basin.
Current production is ranging between 4,500 and 5,000 boe/d.The assets also have multiple additional development opportunities in the Notikewin and Falher C formations.
Alternatives include selling all or some assets; selling the company or merging with a third party; carrying out another transaction with a third party or alternative financing.
|E&P||USD 190||Members only||AWE Ltd.|
|S&S||USD 247||Members only||Trican Well Service Ltd.|
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|Mid||USD 4400||Members only||Questar Corp.|