A&D - E&P


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

Loews Corp. Will Sell HighMount Exploration & Production

The sale to an undisclosed buyer is a result of 'a decline in natural gas prices,' Bloomberg said.

Mon, 08/11/2014 - 10:06

Devon Purchase Helped Raise Canadian Natural Resources’ 2Q Production

Canadian Natural closed on the CA$3.13 billion (US$2.86 billion) purchase of Devon’s conventional assets in western Canada in April, Bloomberg said

Thu, 08/07/2014 - 09:44

E&P Acquisitions Fluctuated In 2Q 2014

Earnings reports from the second quarter of 2014 showed some companies can’t buy a break.

Wed, 08/06/2014 - 12:03