The Dec. 19 acquisition increases the working interest to 100% and adds an estimated 40 billion cubic feet equivalent (Bcfe) of net proved-developed reserves.
Tervita has operations that span the Bakken, Permian and Eagle Ford basins.
With this acquisition, Eagle adds about 1,250 barrels of oil equivalent per day to its existing production.
PLS Inc. has been engaged to handle a transaction.
The remaining portion is scheduled to close in the first quarter of 2015.
The company has taken the opportunity to obtain long-lived natural gas reserves at good prices, CEO says.
Houston-based C&J wants the Delaware Supreme Court to overrule a finding that executives didn’t properly shop around for bids.
Eagle used the proceeds from its exit from the Permian Basin in August to fund the acquisition.
Calgary's Leucrotta now has more than 170 net sections of Montney prospective lands in the area.
Lightstream plans to lower spending next year by 61% and reduce its dividend 63%.
Complementary acreage positions create an upstream industry leader in East Texas.
CGT owns and operates about 1,500 miles of gas pipeline in South Carolina and Georgia.
|E&P||USD 13000||Members only||Talisman Energy Inc.|
|E&P||USD 1950||Members only||Linn Energy LLC|
|E&P||USD 350||Members only||Linn Energy LLC|
|E&P||USD 0||Members only||ExxonMobil Corp.|