Las Colinas Energy Partners Selling Interests In Multiple Basins

The package includes interests in more than 5,000 wells across 48 counties.  

Darren Barbee
Fri, 07/11/2014 - 13:36

Acquisition Pushes Penn Virginia Past 100,000 Eagle Ford Acres

The purchase price consists of $34 million at closing and $11 million over time. 

Darren Barbee
Fri, 07/11/2014 - 11:38

Big Money Investors KKR, Riverstone Merge Oil And Gas Assets

KKR Natural Resources Funds and Riverstone-backed Legend Production Holdings LLC will combine assets to form Trinity River Energy LLC.

Darren Barbee
Thu, 07/10/2014 - 08:55

Apache Wants Out Of Wheatstone LNG Project

The company is said to be in early discussions with potential buyers for its holdings in Chevron Corp.’s $27 billion project in Western Australia.

Darren Barbee
Thu, 07/10/2014 - 08:16

Pantera Buys BP’s Texas Panhandle Gas Fields For $390 Million

The sale is part of a $10 billion asset divestment program that the oil giant announced in October 2013.

Darren Barbee
Wed, 07/09/2014 - 11:15

Rice Energy Buys 22,000 Marcellus Acres From Chesapeake

Rice Energy Inc. (NYSE: RICE) announced July 8 that it plans to acquire 22,000 net acres and 12 Marcellus wells in western Greene County, Pa., from a Chesapeake Energy Corp. (NYSE: CHK) subsidiary.

Rice will pay $336 million for 100% operated working interest, representing a 24% increase in the company’s net acreage position as of March 31.

Darren Barbee
Tue, 07/08/2014 - 15:27

Warren’s Marcellus Acquisition Doubles Reserves, Triples Production

Acquisition includes roughly 5,300 net acres that produce 82 million cubic feet per day.

Darren Barbee
Tue, 07/08/2014 - 09:48

Natural Gas Makes Resurgence In A&D As Prices Remain Stable

Henry Hub spot prices from June 19-25 averaged $4.56 per million Btu (MMBtu) compared to $3.85/MMBtu a year ago. 

Darren Barbee
Thu, 07/03/2014 - 10:48

Occidental’s Hopes For $8 Billion Middle East Sale Said To Falter

Occidental had been trying to sell 40% of the operations to a group comprising the governments of Oman, Abu Dhabi and Qatar

Darren Barbee
Thu, 07/03/2014 - 10:40

Hawkwood Takes On East Texas, Buys Encana Assets

Hawkwood Energy LLC, a private, independent upstream oil and gas company, has acquired producing and nonproducing assets in Brazos, Leon, Madison, and Robertson counties, Texas.

The acquisition includes the purchase of Encana Oil and Gas (USA) Inc.’s (TSX, NYSE: ECA) assets.

Hawkwood’s combined transactions include about 1,800 barrels of oil per day (bbl/d) of current production and more than 50,000 generally contiguous net undeveloped acres.

Darren Barbee
Wed, 07/02/2014 - 09:35

Spin Class: Chesapeake’s Oilfield Services Graduates As New Company

Chesapeake reduced its net debt by about $1.5 billion.

Darren Barbee
Tue, 07/01/2014 - 13:39

Linn Reels In Devon’s Non-Core Assets For $2.3 Billion

The assets currently produce 275 million cubic feet of gas equivalent per day.

Emily Moser
Mon, 06/30/2014 - 10:21