March 11, 2008:
Riley Resigns As Petroleum Development President Thomas E. Riley has resigned as president of Petroleum Development Corp., Bridgeport, W.Va., (Nasdaq: PETD) after a recent company reorganization in which chief financial officer Richard W. McCullough was named ...more
March 11, 2008:
Complete Production Wins Improved Credit Rating Standard & Poor's Ratings Services has raised the corporate credit rating on oilfield-services company Complete Production Services Inc., Houston, (NYSE: CPX) from B+ to BB- and increased its rating on ...more
March 11, 2008:
Transocean Promotes Bobillier Et Al. Transocean Inc., Houston, (NYSE: RIG) has named Arnaud Bobillier executive vice president, assets, replacing Jean Cahuzac who is leaving to pursue another opportunity. Bobillier was senior vice president of the ...more
March 6, 2008:
Afren To Take Devon’s Ivory Coast 3,000 BOE/d For $205MM London-based Afren Plc (London AIM: AFR) plans to acquire the Ivory Coast interests of Devon Energy Corp., Oklahoma City, (NYSE: DVN) for US$205 million.
The assets include a 47.96% working interest ...more
March 5, 2008:
Anadarko Enters $1.3B Credit Facility Anadarko Petroleum Corp., Houston, (NYSE: APC) is powdering up with a new $1.3-billion five-year committed revolving credit facility, replacing the unused $750-million facility that was to mature in August 2009.
The ...more
March 4, 2008:
Anadarko To Sell Out Of Kaskida/GOM, Brazil To StatoilHydro For $2.1B Norwegian company StatoilHydro, Oslo, (Oslo: STL) plans to acquire Anadarko Petroleum Corp.’s, Houston, (NYSE: APC) 25% interest in the BP-operated Kaskida Unit in deepwater Gulf of Mexico and its 50% ...more
March 4, 2008:
NGP Names Kile To Board, Conine Resigns NGP Capital Resources Co., Houston, (Nasdaq: NGPC) has named Lon C. Kile to its board. He was chief financial officer of Energy Transfer Co. (now Energy Transfer Partners LP), president ...more
March 4, 2008:
Marathon Promotes Hinchman, Roberts To EVP Marathon Oil Corp., Houston, (NYSE: MRO) has named Steven B. Hinchman executive vice president, technology and services. He was senior vice president, worldwide production.
David E. Roberts Jr. has been named ...more
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