Acquisitions & Divestitures


Increased Sand Use Drove Down Carbo Ceramic’s Proppant Volume

Houston-based Carbo Ceramics said its third-quarter sales of ceramic proppant will match first-quarter levels after an 18% drop from the prior quarter, according to Bloomberg.

Monday, September 22, 2014 - 9:27am

ZaZa Energy Announces Closing Of East Texas JV Agreements With QEP

The proceeds from the transaction principally will be used to fund drilling CAPEX and lease acquisitions.

Monday, September 22, 2014 - 8:51am

Linn Energy Announces Permian-California Trade With ExxonMobil

ExxonMobil will receive approximately 17,000 net acres prospective for horizontal Wolfcamp drilling in the Midland Basin and approximately 4.7 MBoe/d of current production.

Friday, September 19, 2014 - 10:55am

Buckeye Closes Purchase Of Eagle Ford Midstream Assets

Buckeye Texas Partners LLC and its subsidiaries, which are owned jointly with Trafigura, will own and operate a vertically integrated system of midstream assets.

Thursday, September 18, 2014 - 9:37am

Breck Operating To Sell Austin Chalk, Buda, Navarro Assets

The package is located in Milam County, Texas.

Thursday, September 18, 2014 - 9:26am

A $757 Million Deal Will Halve Bill Barrett Corp.'s Debt

A 'transformative series of transactions' includes 'agreements with several undisclosed buyers to sell the majority of its Powder River Basin acreage.'

Wednesday, September 17, 2014 - 12:03pm

Vanguard Natural Resources To Acquire Piceance Natural Gas, Liquids Properties

The properties consist of approximately 12,000 net acres that are currently producing approximately 67 MMcfe per day, after consideration of ethane rejection, with approximately 76% natural gas, 5% oil and 19%...

Tuesday, September 16, 2014 - 9:01am

GreenHunter Resources Announces Significant New SWD Injection Capacity

The addition of these wells brings GreenHunter’s SWD well count up to 13 in the Appalachian Basin, with a new total daily injection capacity exceeding 31,000 bbls per day.

Tuesday, September 16, 2014 - 8:56am

Quantum Energy, Bilfinger Westcon To Develop Multiple Bakken Refineries

The joint development agreement will seek to develop up to five 21st century clean energy centers that will each include a 20,000 barrel per day diesel refinery.

Monday, September 15, 2014 - 11:40am

Enhanced Oil Resources Moves Closer To Selling Permian Crossroads Oilfield

Enhanced Oil Resources Inc. is an early-stage company.

Monday, September 15, 2014 - 12:00am

Ex-Cordillera Team Re-Enters Granite Wash In Acquire-And-Exploit Strategy

Greenwood Village, Colo.-based FourPoint is George Solich’s fourth start-up.

Friday, September 12, 2014 - 10:25am

Pioneer Natural Resources Closes Sale Of Kansas Hugoton Assets To Linn For $340 Million

The sale of Pioneer’s Hugoton assets is expected to result in a pretax noncash loss of approximately $20 million, which will be recorded in the third quarter of 2014.

Friday, September 12, 2014 - 10:05am