Headlines: Halcón Pivots Toward Delaware Basin; Apache Leaves Canada

In this week’s video: Halcón Resources continues to pivot toward the Delaware Basin with the $1.4 billion sale of its operated Williston Basin assets. Apache said it will exit Canada through three separate transactions worth about $713 million. Some of the sale proceeds are likely to be funneled into Apache's Permian Basin and Alpine High assets. Also, Goldman Sachs analysts reported that despite a large weekly drop in crude inventories, banks continue to mark down oil prices. The bank said oil prices are likely to continue to fall and could dip below $40 per barrel.

Sources:

• Halcón Continues Transformation With $1.4 Billion Williston Sale
• Apache Exits Canada In Three Deals Worth $713 Million
• Unchecked Shale Production Hurtles Price Toward $40 Barrel, Bank Says
• Return Of Silverback: Delaware Basin E&P Restocks With $500 Million