A & D Center | Acquisitions & Divestitures

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Acquisitions & Divestitures

Performance To Sell Producing OK Acreage
May. 24 2013
May 2013 net production is 1,100 barrels of oil equivalent per day.
Scollard Offers Producing Acreage In Alberta
May. 24 2013 - Keefe Borden, Hart Energy
Current production from the properties is about 310 barrels of oil equivalent (BOE) per day – 177 barrels of oil and natural gas liquids and 793 Mcf per day of natural gas.
PetroShale Buys Williston Basin Assets
May. 23 2013
Current production net to PetroShale from seven wells is 60 barrels of oil equivalent per day.
BlueRock Offers Small Independents Alternative Financing
May. 23 2013 - Keefe Borden, Hart Energy
The boutique lending firm can provide an important source of capital for expansion – but at a price.
Marathon Oil Terminates Sale of Athabasca Project
May. 23 2013
Marathon maintains its goal of divesting between $1.5 billion and $3 billion in assets from 2011 through 2013.
Tholen Joins Crédit Agricole As A&D Group Head
May. 23 2013
Tholen joins the firm from Albrecht & Associates Inc.
Laredo Sells Anadarko Assets
May. 21 2013 - Keefe Borden, Hart Energy
The sale of $438 million in assets will enable the company to focus on future development in the Permian.
Polar Petroleum Acquires Alaska Properties
May. 21 2013
The acquisition is located along the northern border of ExxonMobil's Point Thomson Unit.
Riviera-Ensley Offers Resource Play In Diablo Platform
May. 21 2013
All zones are below the base of the San Andres.
ArPetrol Sells North Dakota Royalty Interests
May. 20 2013
Completion of the sale of the royalty interests is subject to customary closing conditions, and closing is expected to occur within the next week.
Next Generation To Acquire Lease In West Virginia
May. 20 2013
The most notable geological features of this region are the Lower Huron (Devonian) shale at a relatively shallow drill depth, of 3,200 to 5,000 feet, and Marcellus shale with Utica shale lying at deeper levels underneath.
Aquatech Buys Fluid Recovery Services
May. 17 2013
In addition to treatment, FRS offers numerous water management service options such as storage, transport services (rail and truck), and disposal (non-return) across Pennsylvania.
Texas Vanguard To Sell S. Texas, Permian Assets
May. 16 2013
The package includes ownership in approximately 250 producing wells with a weighted average 93% working interest (approximately 76% net revenue interest) across 13,274 gross / 12,243 net acres, all of which is held by production.
Yakka Acquisitions Offers West Texas RI
May. 16 2013
The tracts are along the county line and spread over about five sections of land.
Chuza Offers Operated Package In NM
May. 16 2013
On sale is the company’s interest in the northeast Hogback Field and BLM Lease No. 58917.