In this week's video exclusive sponsored by NavPort, Concho Resources Inc. launched three separate transactions to prop up its holding in the southern Delaware Basin and reduce net debt. Meanwhile, Aubrey McCLendon is heading overseas again. After sealing a farm-in deal with Armour Energy in Australia, the former Chesapeake Energy boss is investing US$500 million in developing the Vaca Muerta Shale in Argentina over the next three years.
Sources:
Concho Fortifies Position Around Delaware Core In Three Deals
Cowabunga: McClendon Inks JV In Argentina's Vaca Muerta
Value Deserts Shale Players; Billions Lost Since Commodities Tanked
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