Ninety-eight percent of the company's 2014 capex went to the Midland and Delaware basins.
Tall City Exploration focused on strategic withdrawal by 2015.
If the deal is terminated, C&J could owe Nabors Industries $17-$65 million in fees.
Since 2008, NGL has recycled about 1.4 billion gallons of water.
Proceeds from the transactions will fund the company’s 2014 leasehold program.
An update on the transaction should come in the next few days.
Antitrust concerns may have investors jittery, despite Halliburton’s $3.5 billion termination clause.
A merger with Sabine Oil & Gas requires Forest shareholder approval.
Expect a ‘long drawn-out process’ with closing not likely until second half of 2015 or after, analyst says.
Drop in crude oil prices might create breathing room for industry, COO Fisher says.
A merger is likely to undergo rigorous antitrust scrutiny.
M&A is not expected to crank up anytime soon, survey indicates.
|E&P||USD 720||Members only||Undisclosed|
|S&S||USD 34.6||Members only||WaterWorks Corral Creek LLC|
|E&P||USD 1400||Members only||Apache Corp.|
|E&P||USD 185||Members only||Forest Oil Corp.|