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BP, Deepwater Horizon, oil, spill, agreement

BP Reaches $18.7 Billion Deal To Settle 2010 Oil Spill Claims

As part of the agreements between BP, the U.S. government and five states, $18.7 billion in payments would be made over 18 years settling economic and other claims. The settlement is, however, still subject to court approval.

Big Leagues: Solich Buys Chesapeake’s Cleveland, Tonkawa, Marmaton Assets

FourPoint Energy transforms its Anadarko Basin toehold into a firm boot print, but for Chesapeake it’s uncertain how much in proceeds the company will receive for its outside backed subsidiaries.
DUG East, conference, Marcellus, Utica, shale, Derek Rice, Rice Energy

Marcellus, Utica Core Areas Bring Reward For Rice Energy

In six years, Rice Energy has become a Top 25 producer of natural gas in the U.S. with operations focused in the Appalachian Basin.
DUG East, conference, Marcellus, Utica, shale, Dale Malody, Chesapeake, Appalachian Basin

Chesapeake: Capturing More For Less In The Appalachian Basin

Chesapeake Energy, a top-tier operator in the Appalachian Basin’s Marcellus and Utica shale plays, is focusing on cost control, rock quality and operational changes.
Shale, Deals, 2015, Mike Kelly, Global Hunter Securities, GHS

E&P Buyers, Sellers Seek Pint-Sized Shale Deals In Second Half 2015

Companies are motivated by ambition and opportunity, while sellers are trying to get ahead of debt or stay afloat in a turbulent year for A&D.
royalty interests, Cenovus, Encana, Ontario Teacher's Fund, megadeal

Teachers’ Pension Risks $2.65 Billion On Cenovus Oil, Gas Interests

The Ontario Teachers’ Pension Plan buys oil and gas royalty company Heritage Royalty for C$3.3 billion to acquire one of the largest royalty, mineral interests in Canada despite down commodity prices. 
DUG East, conference, Marcellus, Utica, shale, Ben Hulburt, Eclipse Resources

Showing Some Speed And Efficiency In The Utica

Eclipse Resource’s CEO notes that since the company began operated drilling in 2013, it has increased lateral lengths by 33%, while well costs have been lowered by 23%.
DUG East, conference, Marcellus, Utica, shale, Tom Petrie, Petrie Partners

The Energy Business Is ‘Living Dangerously’ In A Changing World

Multiple political and military trends, along with the rise in U.S. crude oil and natural gas production, are occurring at the same time. And that makes for an uneasy situation, Tom Petrie says.
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