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 board will consider termination of participation in Interconnector on Nov. 30, Gazprom said in a regulatory disclosure. It is unclear whether Gazprom will sell the 10% stake, Reuters reported.
The offer will not be subject to a financing condition, will contain limited and customary conditions and will expire on Dec. 29 unless withdrawn or extended.
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.
Combined, the company will operate 408,000 HHP, 23 coiled tubing units, 33 snubbing units, 24 cementing units, 23 nitrogen pumping units, 25 fluid pumping units, 86 wireline units, 120 directional kits and more than 825 mud motors.
Glencore will assume risks associated with loading oil and chartering vessels at ports where operations have become more unpredictable. Libya will gain steady sales to international buyers, Reuters said.
Ecuador seized Block 15 Field from Occidental in 2006, arguing sale to Andes Petroleum was executed without government consent. Occidental’s $1.77 billion award was cut 40% earlier in November, Reuters said.
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.
|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.|