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Exxel Energy (USA) Ltd., a wholly owned subsidiary of Exxel Energy Corp., Vancouver, (Toronto Venture: EXX) has acquired a 100% working interest in some 52,000 acres of state-owned lands in the Columbia River Basin of central Washington. The interests are undeveloped.
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E&P Highlights: Feb. 12, 2024
2024-02-12 - Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
Chesapeake, Southwestern to Combine in $7.4B Deal
2024-01-11 - Chesapeake Energy and Southwestern Energy's merger will create dominant positions in Appalachia and the Haynesville Shale, which the companies say would compete on the global stage.
Zayla Partners Acquires Energy Compensation Surveyor Effective Compensation Inc.
2024-01-19 - Denver-based ECI founder Terry Isselhardt will continue as ECI president.
Shell Sells Nigerian Onshore Business for Up to $2.4 Billion
2024-01-16 - Shell is selling its Nigerian onshore oil and gas business to a Nigerian-led energy consortium for $1.3 billion and will receive additional payments of up to $1.1 billion from the European group.
Trafigura Agrees to Purchase 1PointFive DAC Carbon Removal Credits
2024-01-16 - Trafigura’s purchase of 1PointFive’s CO2 removal credits is part of its commitment as a founding member of the First Movers Coalition to support the advancement of CO2 removal credits.