Acquisitions & Divestitures

Springer Shale Could Give Oklahoma New Life

The state’s oil production could double by 2020, analyst says.

2:39 pm

Citadel Expands Bakken Shale Operations With Acquisition

The acquisition boosts the Watford City, N.D.-based company’s total freshwater sources to more than 150 locations.

8:51 am

Report: Montney Subplay Offers Solid Economics Despite Hurdles

Fragmentation of the play presents hurdle for major operators seeking larger holdings.

October 21 2014

Study: Oil & Gas Production Fuels Colorado’s Economy

The industry contributed $23 billion to the state’s economy in 2012, according to University of Colorado Boulder report.

October 21 2014

EVEP Completes Sale Of Utica-Focused Cardinal Gas Services

The sale was made in conjunction with France's Total SA, which also sold its 25% interest in CGS.

October 21 2014

Patterson-UTI Closes Eagle Ford, Haynesville Acquisition

The acquisition included 148,250 hp of hydraulic fracturing equipment.

October 21 2014

Oil At $80 A Barrel Upends Shale Output Forecasts

At $80/bbl, output would grow by 5%, down from a previous forecast of 12%, analysts say.

October 21 2014

Earthstone Energy, Oak Valley Resources To Acquire Additional Eagle Ford Interests

At closing, Flatonia will own a 21.4% equity interest in the combined company, while Oak Valley and the current Earthstone stockholders will own 66.0% and 12.6%, respectively.

October 17 2014

Permian Sand Supplier Adds To Its Hydraulic Fracking Inventory

The acquisition will roughly double Eagle's frack sand production capacity and expand its frack sand reserves.

October 17 2014

Whiting Focuses On Maximizing Recovery Efficiency

Senior VP points out that the Bakken’s annual growth rate has been 25% since 2010.

October 16 2014

PDC Closes On $250 Million Marcellus JV Sale

In addition, Denver-based PDC announced its borrowing base increased to $700 million from $450 million following the recently completed semi-annual redetermination of its revolving credit facility.

October 15 2014

Eagle Ford, Permian Player Matador Resources Sees Company's Best Production Yet

Matador is increasing its 2014 oil production guidance range from the high end of 2.8 to 3.1 million barrels to 3.2 to 3.3 million barrels.

October 15 2014