Competition from Africa, Iran limits markets for light, tight oil from North American shale plays.
Miller Energy was closing in on $165 million in financing in the summer until the lender pulled out, citing an SEC investigation and the involuntary bankruptcy of a subsidiary.
Kim Bourgeois, managing director of energy investment banking with Capital One Securities in Dallas, is today's featured honoree of Oil and Gas Investor's Thirty Under 40.
See Bourgeois' complete profile.
See a complete list of honorees.
Grant Thornton is the sponsor of the profiles.
Anchorage already owns a third of the Beluga River Unit’s interest and is considering adding 5,700 acres ConocoPhillips is divesting. The purchase has encountered little opposition.
Three of five Gulf of Mexico blocks offered were awarded during the second phase of Mexico’s Round One.
Denver’s Resolute, battling back debt, could gain $158- to $237 million from the sale of its acreage in the Gardendale area of West Texas, an analyst said.
In 2015, Chesapeake is poised to outspend its discretionary cash flow by $1.3 billion. The company will take a $55 million one-time charge as it lets 740 employees go.
Through a combination of cash, revolver and proceeds for the sale of its midstream assets—acquired from Royal Dutch Shell—Sanchez’s liquidity will shoot to more than $900 million.