XCL Resources
News
M&A Spotlight Shifts from Permian to Bakken, Marcellus
Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.
Utah’s Ute Tribe Demands FTC Allow XCL-Altamont Deal
More than 90% of the Utah Ute tribe’s income is from energy development on its 4.5-million-acre reservation and the tribe says XCL Resources’ bid to buy Altamont Energy shouldn’t be blocked.
Uinta Basin's XCL Seeks FTC OK to Buy Altamont Energy
XCL Resources is seeking approval from the Federal Trade Commission to acquire fellow Utah producer Altamont Energy LLC.
Digital Pipeline: XCL Resources Harnesses Excess Gas for Bitcoin Mining
In areas with limited takeaway capacity like the Uinta Basin, using natural gas to power bitcoin mining can prevent operators from having to shut in production.
Crusoe Energy Partners with XCL Resources to Uinta Basin Reduce Emissions
Under the agreement with XCL, Crusoe will use its Digital Flare Mitigation technology to add 6 MMcf/d of XCL’s production in the Uinta.
Uinta Rivals the Best of Permian, XCL Resources Contends
The Uinta competes with the Permian Basin’s best counties, although XCL Resources acknowledges the crude’s paraffin content presents transportation hurdles.
Buyout Firm EnCap Investments Agrees $1.5 Billion Purchase of EP Energy, Sources Say
EnCap plans to split EP, which holds production assets in South Texas and Northeastern Utah, into its separate geographies and merge them with existing portfolio companies, according to the sources.
DUG East/MUM Spotlight: Cracking the Code with Tug Hill, XcL Midstream
This West Virginia driller has figured out a way to drill deeper in the Utica for less money than others.