Exploration & Production

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Marketed: Colorado, Utah State Leases

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.

Emily Moser
Mon, 02/08/2016 - 09:35
Free

Suncor Successfully Acquires 70% Stake In Canadian Oil Sands

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

Emily Moser
Mon, 02/08/2016 - 07:30
Free

Ceona Services Sells PDi Engineering Subsidiary

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.

Erin Pedigo
Fri, 02/05/2016 - 11:08
Free

Marketed: South Texas Mineral Interests, Eagle Ford Shale

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.

Emily Moser
Fri, 02/05/2016 - 09:49
Free

Torrent Oil & Gas Forms Partnership With Natural Gas Partners

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. 

Erin Pedigo
Thu, 02/04/2016 - 17:55
Free

Spyglass Resources' Western Canadian Assets On The Market

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).

Emily Moser
Thu, 02/04/2016 - 07:30
Free

Australia's AGL Will Exit Gas Production Business

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.

Erin Pedigo
Wed, 02/03/2016 - 17:21
Free

Recently-Formed Resource Energy Reveals Williston Acquisition

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.

Emily Moser
Wed, 02/03/2016 - 08:03
Free

Touchstone Closes Kerrobert Disposition In Saskatchewan

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.

Erin Pedigo
Tue, 02/02/2016 - 16:06
Free

Marketed: Occidental Permian Operations, Leasehold Acreage

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.

Emily Moser
Tue, 02/02/2016 - 09:48
Free

Tourmaline Oil Snags Alberta Deep Basin Assets

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.

Emily Moser
Tue, 02/02/2016 - 07:30
Free

LGX Oil + Gas Begins Strategic Review To Enhance Shareholder Value

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.

Erin Pedigo
Mon, 02/01/2016 - 17:47

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