A&D - E&P

Free

Chevron Dealing, But Play-By-Play A Secret For Now

Although M&A and A&D activity has been down lately, some believe change is coming. For example, Chevron will continue efforts to shed assets in hopes of bringing in between $5-10 billion more by year-end 2017.

Emily Moser
Mon, 02/08/2016 - 09:00
Free

Suncor Successfully Acquires 70% Stake In Canadian Oil Sands

Suncor has extended its offer to Feb. 22 so that Canadian Oil Sands shareholders who have not yet tendered their shares can do so. Further extensions beyond Feb. 22 are not anticipated, the release said

Emily Moser
Mon, 02/08/2016 - 07:30
Non-free

Moving On: Why A&D Activity Will Increase In 2016

Craig Lande, managing director at RBC Richardson Barr, says A&D will be different in 2016: capital markets are tightening, 20% of production is hedged and demand is hopelessly outmatched by supply.

Darren Barbee
Thu, 02/04/2016 - 16:19
Free

Recently-Formed Resource Energy Reveals Williston Acquisition

The deal, the company's first, included 112 total wells, 54 operated, with 2,300 barrels of operated oil equivalent per day production in the Williston.

Emily Moser
Wed, 02/03/2016 - 08:03
Free

Tourmaline Oil Snags Alberta Deep Basin Assets

Current production is ranging between 4,500 and 5,000 boe/d.The assets also have multiple additional development opportunities in the Notikewin and Falher C formations.

Emily Moser
Tue, 02/02/2016 - 07:30
Free

LGX Oil + Gas Begins Strategic Review To Enhance Shareholder Value

Alternatives include selling all or some assets; selling the company or merging with a third party; carrying out another transaction with a third party or alternative financing.

Erin Pedigo
Mon, 02/01/2016 - 17:47
Non-free

Some Assembly Required: Veteran Oilmen Piece Together Delaware Deal

With plans of bringing their “best-in-class technologies” to West Texas, Luxe's founders struck out on their own with eyes for the Delaware Basin.

Emily Moser
Fri, 01/29/2016 - 12:41
Free

Comstock Resources Adds To Haynesville Drilling Inventory

The acreage swap will allow the company to increase the number of its Haynesville Shale drilling inventory by 39 locations, including 33 extended reach lateral locations.

Emily Moser
Fri, 01/29/2016 - 07:25
Free

One Bump Or Two? AWE Exits Eagle Ford After Sugarloaf Reserve Increase

Production in the Eagle Ford Sugarloaf increased 54% in fiscal year 2014-15 as did proved and possible reserves. However, the company is looking at gas assets nearer to home.

Darren Barbee
Thu, 01/28/2016 - 15:00
Non-free

Quicksilver’s US Run Ends In Liquidation After A Half Century

Quicksilver filed for bankruptcy in March, the third largest E&P by debt to do so, and has accepted a bid for its Barnett Shale and Delaware Basin assets. Its Canadian assets are also on the block.

Darren Barbee
Thu, 01/28/2016 - 13:00
Free

Athabasca Forms JV With Murphy To Develop Montney, Duvernay

At closing, Athabasca forecasts about C$900 million of liquidity with a net cash position of about C$80 million adjusted for debt.

Emily Moser
Thu, 01/28/2016 - 07:25
Free

Halliburton Discusses Proposed Asset Sales With Regulators

"We are not as favorable on the timing and the potential for [the deal] to go through as we were previously," said Edward Jones analyst Rob Desai, Reuters reported.

Erin Pedigo
Mon, 01/25/2016 - 11:49

Pages