Acquisitions & Divestitures - Joint Ventures


Harvest Considers Restructuring After Venezuela Sale Fails

Houston-based Harvest has tried twice to sell its Venezuelan assets. The company holds a 20% stake in Petrodelta, a joint venture with state-owned Petroleos de Venezuela SA, Reuters said.

Mon, 03/30/2015 - 14:50

Chevron Global Energy Closes Caltex Shares Sale

The shares were priced at AU$35 each, and proceeds will be $135,000,035. San Ramon, Calif.-based Chevron will receive the cash proceeds upon settlement on April 2.

Mon, 03/30/2015 - 11:37

Plains All American Pipeline, Delek Logistics Form Caddo Pipeline JV

The pipeline will move 80,000 barrels of crude oil from Longview, Texas, to Shreveport, La., and El Dorado, Ark. The joint venture between the companies creates Caddo Pipeline LLC.

Wed, 03/25/2015 - 08:59

Caza, Clayton Williams Terminate Farm-Out Agreement In Wolfcamp

Caza, of The Woodlands, Texas, was to drill an initial horizontal Wolfcamp well on the Reeves County acreage.

Emily Moser
Thu, 02/26/2015 - 13:09

Swift Energy Buys Rights To 24,000 Eagle Ford Acres, Seeks JV

The shale gas company’s deal comes after executives have said they want to sells assets to reduce debt.

Darren Barbee
Thu, 02/26/2015 - 12:45

REXX Looks To Move Assets In Face Of Cash Flow Crunch

The company is also seeking a JV partner and leadership is considering the sale of selected assets in the Marcellus.

Darren Barbee
Fri, 02/20/2015 - 10:48

Anadarko Petroleum Eyes Deals In Shaky A&D Market

Oil price sensitivity heightened as $5 WTI change moves cash flow by $350 million.

Darren Barbee
Thu, 12/04/2014 - 14:00

PetroChina Leads $4 Billion Shale Expansion In China’s Southwest

Chongqing holds over 2 trillion cubic meters of exploitable shale gas, according to the municipal government.

Wed, 12/03/2014 - 09:53

PDC Closes On $250 Million Marcellus JV Sale

In addition, Denver-based PDC announced its borrowing base increased to $700 million from $450 million following the recently completed semi-annual redetermination of its revolving credit facility.

Wed, 10/15/2014 - 14:55

Petro River Provides Mississippi Lime Update

Petro River's executive vice president, Daniel Smith, said that investors and the industry are becoming more involved in the area.

Thu, 10/02/2014 - 09:31

ZaZa Closes JV Agreements With Quantum Affiliate

For about $17 million, acreage in several East Texas counties was given to an affiliate of Quantum Energy Partners, ZaZa said.

Mon, 09/22/2014 - 10:46

New Standard, Magnum Hunter Look To Expand In Two Nations

The partnership takes an unconventional approach with opportunities in the Eagle Ford and Cooper Basin.

Mon, 09/15/2014 - 10:20