Chevron Global Energy Inc. will sell its stake in refiner Caltex Australia Ltd., Business Wire said. Bloomberg said this marks Chevron’s exit from shale gas in Beach Energy’s Nappamerri Trough.
Bank of Nova Scotia will advise ConocoPhillips’ sale of about 20% of non-oil sands properties in Western Canada, Bloomberg said. About 35,000 barrels of oil equivalent per day is produced.
Richard Thompson, president and CEO, said the acquisition covers a 25-mile, multizone light oil fairway. About 330 barrels of oil equivalent per day are produced.
PLS is marketing the trustee-ordered sale of nonoperated assets La Salle Parish, La. The property is on 40 acres with one well operated by Sanchez Oil & Gas Corp.
The Eagle Ford acreage contains eight wells currently producing 40,000 barrels of oil and 13 million cubic feet of gas per month. There are also additional proven undeveloped opportunities.
The transaction with Maple Leaf 2012-II Energy Income Limited Partnership will close April 1. There are 17 oil and natural gas wells producing throughout Alberta and Saskatchewan.
Australia-based Austin is operator of an 11,560-acre Pathfinder oil and gas property in Fremont County, Colo., and it agreed to have Pierre drill two wells back-to-back in April and May.
The property is operated by Linder Oil Co. on behalf of the seller. Sojitz is offering about 50% nonoperated working interest and about 29% net revenue interest.
A private seller retained PLS to assist in its sale of operated and nonoperated assets in Louisiana. There are about 2,827 operated net acres and about 162 nonoperated net acres.
Thoroughbred #1 extends production on 3,600 leased acres that will intersect the Wolfcamp and Spraberry formations. It will be the fourth well drilled on the Permian lease, which can hold 57.
The subsea umbilical, riser and flowline systems (SURF) and subsea production and processing systems (SPS) will be integrated, reducing total ownership cost and increasing reliability and uptime.
Venari made high bids on nine Green Canyon blocks near its Anchor discovery and also was the high bidder on Walker Ridge blocks 98, 99 and 143 in the Coronado discovery.
|E&P||USD 218||Members only||Southwestern Energy Co.|
|Mid||USD 500||Members only||Southwestern Energy Co.|
|Mid||USD 0||Members only||Saddlehorn Pipeline Co.|
|E&P||USD 587.5||Members only||Beaumont Energy Inc.|