Acquisitions & Divestitures - Exploration & Production

Summer NAPE: Industry Advocate Urges Energy Sector To Challenge Critics

There are 2,000 groups spending $600 million on anti-energy and related campaigns in 2018, according to HBW Resources.

August 17, 2018

Saudi Aramco Remains Committed To Meeting Future Oil Demand

The company discovered two new oil fields, Sakab and Zumul, and a gas reservoir in the Sahba Field, Aramco said in the report.

August 17, 2018

Summer NAPE: Oil Companies Look To Form Partnerships

Acreage in the Louisiana Austin Chalk and Anadarko Basin’s Oswego Formation were among the prospects presented during Summer NAPE.

August 17, 2018

BP Bets Big On Shale For Its US Comeback

Onshore push signals renewed confidence eight years after Macondo.

August 17, 2018

Oil Heads For Weekly Loss On Concerns Over Trade

Oil prices rose on Friday but were heading for yet another weekly decline as concerns intensified that trade disputes and slowing global economic growth could hit demand for petroleum products.

August 17, 2018

Marketed: Midcontinent, Texas Panhandle Nonop Assets

PGP Holdings 1 retained Meagher Energy Advisors to sell Midcontinent Basin and Texas Panhandle nonoperated production and leasehold.

August 16, 2018

Marketed: EnerVest San Juan Basin Asset

EnerVest Energy has engaged TenOaks Energy Advisors for the sale of certain operated assets in the San Juan Basin in San Juan and Rio Arriba counties, N.M.

August 16, 2018

Marketed: Wyoming’s South Moxa Arch, Wexpro

Wexpro retained EnergyNet for the sale of certain oil and gas properties and related assets located in the South Moxa Arch in Wyoming.

August 16, 2018

US GoM Lease Sale Nets More Than $178 Million In High Bids

Preliminary sale statistics show 29 companies placed 171 bids on 144 blocks in the U.S. GoM.

August 15, 2018

Woodside Petroleum Half-Year Profit Rises

Australia’s Woodside Petroleum Ltd. said on Aug. 15 that its first-half net profit rose 6% and it raised its 2018 production outlook after strong performances from its Wheatstone and Pluto LNG projects.

August 15, 2018

Diamondback To Acquire Energen In $9.2 Billion All-Stock Deal

The transaction comes days after Diamondback Energy said it would add to its Northern Midland position with the roughly $1.25 billion cash-and-stock purchase of Ajax Resources.

August 14, 2018

Carrizo Acquires Devon Acreage In Delaware Basin For $215 Million

Carrizo now has 46,000 net acres in the Delaware Basin including 26,300 net acres in its Phantom area.

August 14, 2018

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