Exploration & Production


Lilis Energy Enters Agreement For Wattenberg Acreage

There are nonoperated leasehold working interests, including interests in 53 producing wells, and a 640 gross-acre block of undeveloped leasehold. The purchase price is $5.5 million, subject to adjustments. 

Tue, 05/05/2015 - 09:53

Abraxas Tacks On More Acreage In Bakken, Three Forks Play

The unit has the potential to add an additional 15 operated Bakken and Three Forks wells to its North Fork inventory.

Emily Moser
Mon, 05/04/2015 - 12:31

Waldron Will Sell Ricinus, Strachan Properties

Waldron Energy Corp. entered an agreement to sell the Strachan and Ricinus properties for CA$12.3 million, as a first step in an asset disposition plan. 

Mon, 05/04/2015 - 11:51

Whitecap Closes Beaumont Energy Acquisition

Whitecap acquired all issued and outstanding Beaumont common shares for about $7.3 million in cash and 36.3 million Whitecap common shares. Whitecap also assumed Beaumont's debt. 

Mon, 05/04/2015 - 11:18

Weir Oil & Gas, MTU Form Company For Hydraulic Fracking Power System

The new JV company will provide sales, service for pumps used in shale oil, natural gas well completions. The company will be named later and should be operating by 2016.

Mon, 05/04/2015 - 10:58

Quattro Closes Western Canada Acquisitions, Divestiture

Quattro’s total land position is now 98,533 developed acres and 204,581 undeveloped acres in core Saskatchewan areas. Quattro’s sustainable core area produces more than 1 Mboe.

Fri, 05/01/2015 - 15:55

Lonestar Resources Reaches Agreements For Eagle Ford Leasehold

Lonestar will add 32 gross (20 net) horizontal Eagle Ford drilling locations with the acquisition. At year-end 2014, Lonestar held interests in 143 engineered Eagle Ford drilling locations.

Fri, 05/01/2015 - 15:33

Bayport International Holdings Acquires Cook Lease

Bayport will buy full working interest and 80% net revenue interest in the property, which currently produces from a 2,825-foot deep Dutcher oil and gas well. 

Fri, 05/01/2015 - 15:16

Aethon, RedBird Capital Acquire Moneta Divide Assets

The low-risk, low drilling-cost and long-reserve assets cover about 188,000 net acres in Wyoming’s Wind River Basin in the Wind River Basin. Terms of the negotiated transaction were not disclosed.

Fri, 05/01/2015 - 12:16

Crescent Point Plans Saskatchewan Deals

As it weighs acquisitions, Saskatchewan operator Crescent Point was the most active driller in Canada last year, according to Daily Oil Bulletin results released to Bloomberg. 

Thu, 04/30/2015 - 16:31

Synergy Resources Closes On Wattenberg Extension Interests

Synergy Resources Corp. (NYSE MKT: SYRG) said April 30 it has closed on an exploration agreement with Vecta Oil & Gas Ltd. for an undivided 30% working interest in leasehold within the Denver-Julesburg (D-J) Basin Greenhorn area of mutual interest (AMI).

Thu, 04/30/2015 - 15:07

Schlumberger Acquires 50% Ownership In Pelotas Basin Multiclient Program

Schlumberger Ltd. and Australia's Spectrum ASA entered a cooperation agreement in which Schlumberger will acquire 50% ownership in the untapped hydrocarbon Pelotas Basin offshore Brazil.

Wed, 04/29/2015 - 16:43