Range Resources Corp. (NYSE: RRC), Hilcorp Energy Co., Locin Oil Corp. and Finley Resources Inc. are offering interests in Mississippi, Louisiana, Colorado and Oklahoma at a live auction by The Oil & Gas Asset Clearinghouse.
The interests are some of Clearinghouse's offerings at a hybrid auction that will be held online and at the Sheraton North Houston, 15700 JFK Blvd.
Online and physical data rooms are open and bids can be submitted at 12:30 CST on Dec. 16.
The takeover, which will involve FOGL's chief executive and chairman joining the Rockhopper board as non-executive directors, will merge the companies' exploration campaigns in the Falkland Islands.
The management team of Kaisen, formed in 2013, has experience with conventional oil in the Western Canadian Sedimentary Basin, in the Lone Rock and Edam areas of the Saskatchewan heavy oil fairway.
The acquisition is in Seminole, Pottawatomie, Lincoln and Payne counties, spanning five contiguous land packages. Multiple productive reservoirs include Hunton, Mississippi Lime, Red Fork and Skinner.
Bidders included Accumulate Energy Alaska Inc. and Burgundy Xploration LLC, bidding together, 70 & 148 LLC and ConocoPhillips' Alaska subsidiary.
The deal includes 11 net sections of the Calgary, Alberta company's Duvernay mineral rights in the volatile oil window of its Kaybob Duvernay play.
An undisclosed seller is offering a development opportunity in the San Miguel Sand in South Texas, according to Riviera-Ensley Energy Advisors, which has been retained to handle the negotiated sale.
The package includes 73.5% net revenue interest in the Hamilton Ranch North project, which covers 10,000 acres in Dimmit County, Texas.
The Gillette, Wyo.-based company has set its sights on more than 2,000 wells that have been selected for acquisition over the next six months, the release said.
The partnership now has a 272,242 gross acre position in Alaska, which is almost triple that prior to the acquisition, the release said.
The acquisition will make Shell the world's top LNG trader, although it still needs approval from China and Australia's Foreign Investment Review Board to go ahead as planned in early 2016.
Reuters reported that Bureau of Land Management said there is no new date for oil and gas lease auction on 39 parcels of Utah public land representing about 37,600 acres.
The properties are in northeast British Columbia. The roughly-CA$1.9 million purchase price was paid through preferred shares and cash from working capital assumed by Quattro.
|Mid||USD 15700||Members only||MarkWest Energy Partners LP|
|E&P||USD 29.5||Members only||Undisclosed|
|Mid||USD 40||Members only||Apache Corp.|
|E&P||USD 850||Members only||Encana Corp.|