Acquisitions & Divestitures

Stone Energy, divestment, Appalachia, gulf of Mexico, oil, gas

Stone Energy Negotiates Sale Of Marcellus In Restructuring Bid

The company is attempting to restructure its debts with creditors, who would receive a large share of any divestment proceeds.

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Lucas Energy Lands Deal To Fund Eagle Ford Shale Development

Lucas will initially participate in the Cyclone #9H and #10H wells on Lonestar's Harvey Johnson lease in southern Gonzales County in South Texas.

August 29, 2016

Amazing Energy Completes Jilpetco Acquisition


August 25, 2016

Blackeagle Energy Services Fortifies Operations With Permian Deal

The acquisition strengthens Blackeagle's existing Texas operations and puts the company at 'the epicenter of the nation's largest oil producing region.'

August 24, 2016
PDC Energy, enters, Delaware Basin, 1 5 billion, deal, acquisition, Kimmeridge Energy Management, Permian Basin, Texas, Reeves County, Culberson County, oil, gas, shale, horizontal wells, JP Morgan, Concho Resources, SM Energy, Reliance Energy, Rock Oil H

PDC Energy Enters Delaware Basin For $1.5 Billion

The deal, which adds a second core operating area to PDC's portfolio, consists of about 57,000 net acres in Reeves and Culberson counties in West Texas.

August 23, 2016

Rex Energy Wraps Up Sale Of 76,000 Net Acres In Illinois Basin

The departure puts State College, Pa.-based Rex Energy on track to become a pure play Appalachia producer, where its drilling has been focused so far in 2016.

August 23, 2016

Nostra Terra Completes $2.1 Million Sale Of Chisholm Trail Interest

The board also said that it has extended the suspension of quarterly operations reports. 

August 19, 2016
Continental Resources, noncore, Williston Basin, assets, non strategic, 222 million, Oklahoma City, Williams, North Dakota, Roosevelt, Montana, Bakken, shale, KeyBanc Capital Markets, David Deckelbaum, oil, gas, Harold Hamm, CEO, chairman, debt, Stack, Sc

Continental Unloads Noncore Williston Assets For $222 Million

The Oklahoma City company is continuing to chip away at its balance sheet to pay down debt with the sale of 80,000 net acres in North Dakota and Montana.

August 19, 2016

Perisson Petroleum Completes Twining Asset Acquisition

Additionally, Perisson purchased oil and gas rights on one-and-a-...

August 18, 2016