The deal includes rights in the Codell, Niobrara, Sussex, Shannon and J-Sand formations.
The midstream sector accounted for the highest deal value during the quarter.
The strategic location of Nuevo’s assets will aid Western’s partner, Anadarko Petroleum.
Williams Partners and Access Midstream reveal details of merger agreement.
AEP’s first move to the public market would come after raising $13 billion in institutional capital.
The assets are expected to generate about $40 million in annual adjusted EBITDA in 2014.
The acreage is centrally located in the most prospective portion of the Eagle Ford Shale's volatile oil window.
The JV structure should deliver positive cash flow for the company throughout the life of the project.
The company’s Permian Basin core holdings should expand, an analyst says.
Chesapeake parted with 413,000 net acres and about 1,500 wells including 435 in the Marcellus and Utica.
The state’s oil production could double by 2020, analyst says.
With billions after billions of dollars spent on acquisitions and the falling price of oil, industry consolidation may be thrust upon oil and gas companies.
|E&P||USD 360||Members only||Continental Resources Inc.|
|E&P||USD 250||Members only||Eagle Ford Minerals LLC|
|E&P||USD 50||Members only||Antares Energy Ltd.|
|E&P||USD 355||Members only||Penn West Petroleum Ltd.|