Stratex entered a joint development agreement for roughly 35,000 leasehold acres in the Mississippi Lime.
To date, the JV has received firm capacity commitments that total 1.5 Bcf/d.
The venture includes an East Texas development agreement comprising Walker, Grimes, Madison, Trinity, and Houston counties.
Houston-based Lucas will receive $444,000 for a 50% working interest on roughly 400 acres.
The alliance will provide for development of liquids-rich gas processing infrastructure in northeast British Columbia.
Carrier will have the right to participate in wells drilled in Culberson, Reeves and Pecos counties, Texas.
The agreement covers a defined area of 8,011 net mineral acres in Dundy County, Neb.
The project will be capable of delivering up to 2.1 Bcf/d to Rockies Express Pipeline and Texas Eastern Transmission
The purchase marks the first collaboration between GE and Casillas Petroleum.
Tamarind will focus on growing production and reserves from producing oil and gas fields in Southeast Asia.
WEP will focus operations in various basins in Oklahoma and Eastern Colorado.
Houston's Swift sold a 36% full participating interest in its Fasken properties to Saka, based in Jakarta, Indonesia.
|E&P||USD 50||Members only||Buccaneer Energy Ltd.|
|E&P||USD 340||Members only||Pioneer Natural Resources Co.|
|E&P||USD 120||Members only||Royal Dutch Shell Plc|
|E&P||USD 359||Members only||Pyramid Oil Co.|