Acquisitions & Divestitures - Joint Ventures

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

Warren Equity, Multifuels Launch New Midstream Company

The new midstream company will be led by a seasoned management team that is highly experienced in the development of pipelines, gathering systems and storage assets in the oil and gas industry, the release said.

Emily Moser
Mon, 01/25/2016 - 07:25
Free

Magellan Midstream, LBC Tank Terminals Consider Oil Export Capacity At JV Terminal

The companies are currently building out crude storage and distribution infrastructure near LBC's Seabrook Logistics terminal in Seabrook, Texas, Reuters said. Project will not be formally announced without customer commitments.

Erin Pedigo
Fri, 01/22/2016 - 10:46
Non-free

Alta Mesa Deal To Drill 40 Wells With Costs Borne By Bayou

In exchange for funding Alta Mesa’s drilling and completion costs, Bayou City will receive a portion of working interest in each joint well. At various IRR thresholds, interest will revert to Alta Mesa.

Emily Moser
Thu, 01/21/2016 - 12:00
Free

Cowabunga: McClendon Inks JV In Argentina’s Vaca Muerta

The Oklahoma City company and Argentina's state-run firm plan to invest more than US$500 million in developing the Vaca Muerta Shale over the next three years.

Emily Moser
Fri, 01/15/2016 - 11:00
Free

Emerald Bay, Alliance Petro Form JV For South Texas Wells

The project will be a four-well infield drilling program in South Texas and is the first JV between the two companies. Emerald Bay will be the operator for the project.

Emily Moser
Thu, 01/07/2016 - 07:43
Free

ConocoPhillips Reportedly Sells Stake In Rosneft JV, Exits Russia

The exit from Russia comes about five years after ConocoPhillips sold its biggest sole asset in Russia, a stake in Lukoil, for $9.5 billion.

Emily Moser
Tue, 12/22/2015 - 07:19
Free

Seneca Resources Will Develop Marcellus Assets Through JDA

Up to 80 wells on about 10,500 acres in the Clermont/Rich Valley area in Pennsylvania will be developed. Some of them have already been drilled or drilled and completed. 

Erin Pedigo
Wed, 12/02/2015 - 17:39
Free

Hovensa St. Croix Refinery To Be Turned Into Oil Storage Hub

Hovensa currently has capacity for 13 million barrels of crude and oil products. Freepoint will lease 2 million barrels of fuel oil storage at the site, Reuters reported.

Erin Pedigo
Tue, 12/01/2015 - 14:49
Free

Noble Energy Adds Cyprus Partner, Divests Israeli Offshore Licenses

Noble gets a subpar price for some of its interest offshore Cyprus, including the Aphrodite natural gas discovery, while new regulations force the sale of offshore Israel licenses.

Emily Moser
Tue, 11/24/2015 - 15:00
Free

Armour Shareholders Say Yes To McClendon's $130 Million Deal

Having received shareholder approval for American Energy Partners’s US$130 million farm‐out in Australia, the Oklahoma City-based company's proportional bid for 13.62% of each Armour share priced at 25 cents will now proceed.

Erin Pedigo
Mon, 11/02/2015 - 10:37
Free

Crestwood, First Reserve Will Form Delaware Basin JV

Crestwood also said Oct. 28 it has launched an open season for shipper support of the Delaware Takeaway (Delta) crude pipeline system.

Emily Moser
Wed, 10/28/2015 - 07:53

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