Acquisitions & Divestitures

Springer Shale Could Give Oklahoma New Life

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

October 17 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

Study: Utica Well Performance Improved Since 3Q 2013

Antero Resources had 10 of the top 20 oil-producing wells in the play.

October 16 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

Survey: 40% Of Horizontal Wells Use Enhanced Completions

Longer laterals, more stages and more sand are being used in four major markets.

October 14 2014

Junex Starts Drilling Quebec Horizontal Well

The company also received a new drilling permit from the Quebec government for its next horizontal well on the property.

October 14 2014

Pacific Energy Development Acquires Wattenberg Core Acreage

The company also closed a Wattenberg asset acquisition with Continental Resources Inc.

October 14 2014

Badlands NGL's Announces $4 Billion Polyethylene Facility To Serve Williston Basin

It will be the largest private sector investment made in state history.

October 14 2014

‘Tumbling’ Prices Put Pressure On Bakken Drillers

An analyst said that next year, the capex for companies in 'frontier regions' like the Tuscaloosa Marine Shale and Bakken will be 'flattish or slightly up.'

October 13 2014