Bankrupt High-Tech Fracking Company Sells Assets

GasFrac served the Utica, Eagle Ford and other North American basins using waterless fracking techniques that use gelled propane, butane or pentane as fracturing fluid.

10:07 am

Clayton Williams Halts Eagle Ford, Permian Rigs To Live Another Day

Without hedges, the company intends to cut 2015 capex by 73% until service costs fall.

7:38 am
Utica, Marcellus, Magnum Hunter, MHR, Gary Evans, service companies, oil price, pipeline, midstream

Marcellus, Utica Pipeline Interest Up For Sale

Magnum Hunter CEO Gary Evans is waiting for service costs to drop 40% before the company restarts drilling.

March 3, 2015

Springer Shale Is Vaulting—And With A $41 WTI Break-Even

Organic entry is impossible now, but private operators have positions they might sell.

March 3, 2015

Marathon Pushes Boundaries In Oklahoma’s SCOOP, STACK Plays

‘The stacked nature of these plays will provide numerous advantages to future play development and competitiveness,’ VP Hutchings said.

March 3, 2015
shale, M&A, A&D, EOG, CXO, Concho, Corrizo, Carrizo, CRZO, Jefferies, Encana, Doug Suttles, SPN, Superior Energy Services,

More E&Ps Eye Depressed Market For Deals

Small cap and huge independents are ready to make deals as the market saps the strength of stressed companies.

March 2, 2015

Marble Falls: ‘The Best Play You’ve Never Heard Of’

It offers double-digit returns even in a depressed price market, said Craig Adams, president and CEO of Newark E&P Operating LLC.

March 2, 2015

Diverse Needs Drive Midcontinent Assets Buyers

‘The Anadarko Basin is not a five-minute story like other shale plays. It is more complex, but we like the optionality of either oil, gas or liquids, shallow and deep,’ said Four Point’s Brad Marvin.

March 2, 2015
Teapot Dome, Wyoming, A&D, M&A, Powder River Basin, Oil, Sinclair Consolidated Oil, Harding administration, corruption, bribery

Teapot Dome Field Regains A Measure Of Dignity In Sale

Inside the deal for the historic field near the southwestern edge of the Powder River Basin. It has produced 28.5 million barrels (MMbbl) of oil with an estimated 300 MMbbl in place.

February 27, 2015
Russ Krauss, Resource Environmental Solutions, Hart Energy, Marcellus-Utica Midstream, MUM

Wetlands, Stream Crossings Top Environmental Concerns In Appalachia

Navigating the Marcellus-Utica regulatory landscape is tricky, but solid strategies for success have been developed.

February 27, 2015

Swift Energy Buys Rights To 24,000 Eagle Ford Acres, Seeks JV

The shale gas company’s deal comes after executives have said they want to sells assets to reduce debt.

February 26, 2015
PEDEVCO Corp. (NYSE MKT: PED), Dome Energy AB’s (Nasdaq: DOME), Sweden, Frank C. Ingriselli, Texaco, WTI price, acquisition

D-J Basin’s PEDEVCO Scores Three Deals In Weakened Market

Transactions for D-J acreage double reserves, cash flow and production to 1,000 boe/d, enabling the company to become cash-flow positive.

February 26, 2015