A&D - E&P


A&D Drama: The Curtain Opens On Act II Of 2014

Some think nearly every company is so stocked with inventory that activity has to slow.

Darren Barbee
Tue, 09/02/2014 - 07:27

Chestnut Exploration & Production Acquires Willamar Field

The Willamar West Unit in Texas was acquired for $13.1 million, the company said. 

Thu, 08/28/2014 - 10:24

ZaZa Energy Enters East Texas JV Agreements

ZaZa will receive about $17 million, in total consideration, of cash and the right to receive Quantum’s interest in the next 15 joint venture wells in the area.

Wed, 08/27/2014 - 09:46

Parsley Energy Enters Acreage Agreements

The aggregate price for the acreage agreements, made with "multiple sellers," was about $252 million, Parsley said.

Tue, 08/26/2014 - 09:54

Commodity Prices, Activist Investors Likely To Spur More Deals

Price pressures on commodities are likely to drive more deals and private equity will likely continue to invest.

Mon, 08/25/2014 - 15:05

WPX Focuses On Margin Improvement, Bolsters Oil Portfolio

The transactions, which are subject to normal closing conditions, will enable WPX to divest its mature coalbed methane holdings and bolster high-growth San Juan oil acreage by more than 50%.

Tue, 08/19/2014 - 10:26

PetroChina Rumored To Plan Energy Asset Sale In Restive Xinjiang

PetroChina has reported proven crude oil reserves of 1.55 billion barrels in Xinjiang.

Tue, 08/19/2014 - 09:18

Rex Energy Buys Shell’s Marcellus, Utica Acreage

The acquisition 'nearly doubled' the size of Rex's Appalachian core.

Thu, 08/14/2014 - 12:15

Shell Sells US Gas Fields For $2.1 Billion

The deal included 'additional shale acreage in Pennsylvania,' Bloomberg said.

Thu, 08/14/2014 - 11:37

Athlon Rakes In More Midland Basin Acreage For $382 Million

The company entered into multiple agreements with unrelated third-party sellers. 

Wed, 08/13/2014 - 16:05

Warren Resources Details Recent Financial Updates

The company closed an acquisition and entered an amended credit agreement.

Wed, 08/13/2014 - 09:49

Blackstone Might Buy Shell’s Stake In Louisiana Gas Field

According to Bloomberg, a person familiar with the matter said that Blackstone would pay about $1.2 billion for Shell’s half-interest in the Haynesville Formation.

Mon, 08/11/2014 - 10:34