Recent News

The sale includes interest in more than 100 wells and about 22,000 gross acres across Aransas, Colorado, Goliad, Hidalgo and Willacy counties, Texas. A separate package in Hidalgo and Starr counties is being auctioned.

2:35 pm

Platts RigData said there was an average of 883 rigs in 2015, Reuters reported. 

12:12 pm

Perisson will operate the properties. It plans to recomplete one of the wells at Ribstone and convert another to provide onsite water disposal.

10:57 am

Arun Kumar will take over from D.D. Jalan, who retired on Sept. 30, Vedanta Resources said. Jalan joined the company in 2001, Reuters reported.

10:43 am

The private placement is scheduled to close on Oct. 7. Barclays and Wells Fargo Securities were placement agents.

10:07 am

The sale, handled by TenOaks, consists of 100% working interest in a contiguous acreage position located in the heart of the Eagle Ford’s oil window in Gonzales County in South Texas.

8:20 am

NGL from the U.S. shale boom such as ethane, an alternative to naphtha refined from crude, could feed as much as a third of demand growth in 2017, BP's Richard de Caux told the Platts Refining Summit in Brussels.

7:40 am

The sources said Petronas has been considering a sale for months, after it became apparent that a Canadian approval was possible, but had yet to take a final decision.

7:35 am

Enbridge has agreed to sell its South Prairie liquids pipelines as part of its strategy to finance the recent $28 billion acquisition of Spectra Energy.

September 29, 2016

Chesapeake said in a regulatory filing on Sept. 29 that it had engaged in discussions with the DoJ, the U.S. Postal Service and state agency representatives and continues to respond to such subpoenas and demands, Reuters reported.

September 29, 2016

The underwriters will likely receive an option to purchase 1.5 million additional units to cover overallotments.

September 29, 2016

Artivest's backers include KKR & Co., RRE Ventures, Peter Thiel, Nyca Partners, Anthemis Group and FinTech Collective, Reuters reported. 

September 29, 2016

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