The state-controlled company, which has one of the best success rates in the industry in finding new reserves at one of the lowest cost bases, has tabled disposals of 7 billion euros (US$8.01 billion) to 2019.
The acquisition will transform San Francisco-based Neos into a "world leader" in the detection of natural resources, the release said.
Chevron Corp. (NYSE: CVX) is offering for sale interests in its Marcellus Shale and Permian Basin assets, according to EnergyNet, which has been retained to handle the transactions.
In the Permian, the San Ramon, Calif.-based company is selling roughly 6,800 net acres, including producing assets, operated and nonoperated interests, in Ector and Andrews counties, Texas.
Chevron is also selling interest in nearly 29,000 net acres in the Marcellus in Pennsylvania, as well as operations, in separate packages.
The acquisition included certain producing properties and undeveloped acreage in the core of the plays. Pro forma, Indigo Minerals holds about 160,000 net acres in Northwest Louisiana and East Texas.
The deal bolsters the Houston-based company's presence in the Permian region with about 100 active permits in the Midland and Delaware basins, including the Wolfcamp and Spraberry intervals
Syncrude is a JV operation in the Alberta Sedimentary Basin, which extracts bitumen from oil sands and upgrades it to light synthetic crude oil. Production averaged 15,600 boe/d (net) in the first quarter of 2016.
The Denver company acquired a 66.7% interest in the Okeanos pipeline, a 100-mile gas gathering system in the GoM, from an affiliate of its general partner for an undisclosed amount.
The terminal is on the North Sea Canal in the Amsterdam, Rotterdam and Antwerp (ARA) region, which has Europe’s largest concentration of refining capacity; ARA is also one of the largest refined product trading hubs globally.
Xtreme currently owns a fleet of 11 coiled tubing units in Saudi Arabia and the United States. The transaction is subject to customary closing conditions and is expected to close in the third quarter, Schlumberger said in the release.
The Denver-based company's acquisitions consited of incremental ownership in Delta House, which is a semisubmersible Floating Production System in the GoM. Delta House is operated by LLOG Exploration Co. LLC.
Southern Kentucky Energy said April 25 it has completed the purchase of natural gas operations, including producing wells and midstream assets, through two separate transactions.
A committee of independent directors appointed by Husky’s board to review and assess the transaction was advised by BMO Capital Markets. Osler, Hoskin & Harcourt LLP was legal adviser.
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