A&D - E&P

Tamarack Valley Closes Second Redwater Acquisition

The total cash consideration for the Redwater acquisition was CA$25.8 million, financed with part of the proceeds from the CA$81.6 million bought deal equity financing that closed on July 12.

Erin Pedigo
2016/07/25

Papa’s Silver Run Captures Delaware Basin’s Centennial For $1 Billion

Papa, the former EOG chairman and CEO, said the assets offer the best percentage growth potential of any small-cap Permian Basin company.

Darren Barbee
2016/07/22

EnQuest Considers Selling Kraken Field Stake To Israel's Delek

Delek said its investment is expected to reach $162 million. The sale is still subject to lender and regulatory approval, the companies said, Reuters reported. 

Erin Pedigo
2016/07/18

Bill Barrett Corp. Closes Uinta Basin Noncore Asset Sale

Wells Fargo Securities LLC was Bill Barrett Corp.’s adviser.

Erin Pedigo
2016/07/15

International Western Petroleum Buys Conventional Texas Gulf Coast Assets

The total purchase price of $2 million will be paid by Aug. 30, which is the scheduled closing date, International Western Petroleum said.

Erin Pedigo
2016/07/14

Paramount Sells Montney Shale Assets To Seven Generations

The divestiture is the latest example of struggling oil and gas producers selling off assets in a bid to survive the global crude price rout, which has lasted since mid-June.

Erin Pedigo
2016/07/06

White Star Closes Mississippi Lime, Woodford Shale Assets Acquisition

Borrowings under the amended facility, together with proceeds from new equity commitments led by The Energy & Minerals Group, funded the acquisition and the repurchases of second-lien notes. 

Erin Pedigo
2016/07/06

PetroShare Closes $6 Million Acquisition Of Wattenberg Assets

PetroShare, based in Centennial, Colo., will be the operator in the acquired acreage position

Erin Pedigo
2016/07/05

Vermilion Will Acquire North German Basin Assets For US$47.9 Million

The acquisition also includes a 50% operated interest in a 190-kilometer oil pipeline network and a 66.7% operated interest in the Bedekaspel exploration license located in the Permian Rotliegend gas fairway.

Erin Pedigo
2016/06/29

Total Wins Stake In Qatar's Al-Shaheen Oil Field

The deal announcement on June 27 is a blow to Denmark's A.P. Moller-Maersk, which has been operating the oil field since 1992, Reuters said.

Erin Pedigo
2016/06/27

Colombia's Ecopetrol Offers 20 Oil, Gas Blocks At Auction Launch

Ecopetrol has been selling assets in a bid to fund its investment plan, which is down by $1.8 billion this year, Reuters reported. 

Erin Pedigo
2016/06/23

Whitecap Closes $595 Million Acquisition Of Saskatchewan Oil Assets

With the acquisition’s closing, Whitecap’s borrowing base has a lending value of about CA$1.3 billion. The credit facility will be maintained at CA$1.1 billion. The estimated year-end net debt is CA$830 million.

Erin Pedigo
2016/06/23

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