A&D - E&P

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

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

Bill Barrett Corp. Closes Uinta Basin Noncore Asset Sale

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

Erin Pedigo

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

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

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

PetroShare Closes $6 Million Acquisition Of Wattenberg Assets

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

Erin Pedigo

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

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

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

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

Australia's Sundance Energy Acquires Eagle Ford Assets

The transaction’s effective date is May 1, and it is subject to customary due diligence and closing conditions. It is expected to close in late July.

Erin Pedigo