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Alaska, acquisitions, M&A, tax credits, Miller Energy, bankruptcy, oil, gas, North Slope, Cook Inlet

Miller Energy’s Trek Into Alaska’s White Turns Ledger Red

The company is in the process of obtaining a loan and negotiating to sell noncore assets as well as interest in the North Slope that it acquired in 2014.
Chevron, job, cuts

Chevron Plans To Cut 1,500 Jobs Worldwide

Of the positions that will be eliminated 950 are in the Houston, where Chevron has about 8,000 employees.
Marcellus, Utica, shale, gas, production EIA

Marcellus, Utica Catapult US Gas Production Upward

The Marcellus and Utica is driving 85% of the growth in U.S. gas production due to the precision and efficiency of fracking in the region, the EIA says.
E Ps, equities, capital markets, Wells Fargo, Tameron, Douthat

E&P Equities Logjam Is About To Break, Analysts Say

‘Companies access the capital markets when they are open. But if and once it opens, it should be a floodgate of issuance,’ analysts say.
A&D, Midland, Irene Haas, Diamondback, Clayton Williams, Permian, Parsley Energy

Of Oil And Entropy: Midland Basin Powerhouses Hunt Deals, Stability

  E&Ps such as Diamondback continue to outperform their peers as larger, capitalized companies look to buy smaller companies and private equity is on the move, including a new Chinese-backed entrant.

Texas Petro Index Swells With Negative Indicators

The index has declined 18% since its peak in October 2014 and 17% since a year ago. Yet, crude and gas recovery increased during the first six months of 2015 and is on track to reach record production.
Control Capex And Catch The FLNG Wave, Report Urges

Control Capex And Catch The FLNG Wave, Report Urges

Bernstein cites Shell, Woodside projects in its sunny outlook for LNG at sea.
Goodrich Petroleum, Eagle Ford, acquisition, A&D, M&A, TMS, debt, finances, oil, gas

Razing Funds? Goodrich Sells Eagle Ford Acreage, Forfeits Oil Production

In an area where Goodrich spends no capex, the company sold 2,850 boe/d in production in the Eagle Ford but apparently did not receive credit for its undeveloped acreage.
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