March 13, 2008:
Castle Harlan To Buy Tulsa’s Anchor Drilling For $250MM New York private-equity investment firm Castle Harlan Inc. plans to acquire Anchor Drilling Fluids USA Inc., Tulsa, Okla., a portfolio company of private-equity firm American Capital Strategies Ltd., Bethesda, Md., ...more
March 12, 2008:
Petroleum Development Vice Chair McCullough Steps In As President Petroleum Development Corp., Bridgeport, W.Va., (Nasdaq: PETD) has named Richard W. McCullough president in addition to his positions as vice chairman and chief financial officer, replacing John Riley who recently ...more
March 12, 2008:
ConocoPhillip's Clayton To Join Limbacher At Rosetta Rosetta Resources Inc., Houston, (Nasdaq: ROSE) has named John D. Clayton vice president, asset operations, effective March 24. He was manager, Lower 48 business development, for ConocoPhillips Inc. and director, ...more
March 12, 2008:
Spear Joins Hyperdynamics As VP, E&P Hyperdynamics Corp., Sugar Land, Texas, (NYSE: HDY) has named James R. Spear vice president, E&P, and vice president, E&P, of subsidiary SCS Corp. He was a geophysical/geological consultant with Devon ...more
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
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