The properties were acquired from Chesapeake Energy Corp. (NYSE: CHK) and its partner for approximately $93 million, excluding purchase price adjustments.

Company expands land position in Recôncavo Basin with successful bids on three blocks in ANP Bid Round 11.

The energy sector’s need for capital has inspired an increase in deals during the last few months.

Including the $38.4 million deposit previously paid, total consideration for the acquisition was $811 million, which includes the $768 million purchase price and $43.3 million in normal and customary closing adjustments.

Completion of the sale of the royalty interests is subject to customary closing conditions, and closing is expected to occur within the next week.

The open season will commence on May 14, 2013.

In addition, Chesapeake and MarkWest have furthered their relationship in the Appalachian Basin through the extension of a key processing agreement for five additional years to 2020.

Final cash consideration for TEAK totaled $1.0 billion, subject to working capital and other adjustments contemplated by the Purchase and Sale Agreement.

The proposed transaction would be structured as a merger of Pioneer Southwest with a wholly owned subsidiary of Pioneer.

Frontier Section well delivers promising results.

The land is prospective for light oil production (41o API) from the Bakken Formation.

The acreage includes 67,000 Marcellus acres and 32,000 dry Utica acres.

Clayton Williams Energy Inc. is located in Midland, Texas.

Apex is a Pittsburgh, Pennsylvania-based oil and gas company focused on developing unconventional assets in the Appalachian Basin.

KMP has acquired all of Copano’s outstanding units for a total purchase price of approximately $5 billion, including the assumption of debt.