BNK Updates Caney, Polish Shale Ops
The company's fifth Caney well, the Barnes 7-2H, was successfully fracture stimulated in 85% of the lateral and, while early in the flowback phase, has averaged approximately 520 barrels a day of oil and 230 barrels of oil equivalent per day (BOEPD) of natural gas and natural gas liquids (NGLs) over the last four days.
Rango Energy To Acquire 50,000 Acres In California, Oklahoma
The terms of the deal were not provided and are subject to a non-disclosure agreement until such time as a definitive agreement is signed.
Comstock Resources Acquires TMS Acreage
The leases cover acreage in Wilkinson and Amite Counties in Mississippi and in East Feliciana and St. Helena Parishes in Louisiana.
Chaparral Energy Acquires All Cabot Marmaton Assets
The acquisition essentially doubles Chaparral's footprint, giving the company the largest position in the Panhandle Marmaton play.
Goodrich To Accelerate TMS Drilling, Scale Back Acquisitions
The company will quadruple spending in the TMS.
Richfield Aggressively Pursues Kansas Production
The company has aggressively been working on its Kansas wells during the past 30 days.
Goodrich Petroleum Closes TMS Acquisition
The closing price after purchase price adjustments was $23.7 million, which was funded with available cash.
Sanchez Energy Wades Into Tuscaloosa Marine Shale For $78 Million
Analyst questions the wisdom of spending capital outside the Eagle Ford.
Sanchez Energy To Acquire 40,000 Net Acres In TMS
Total consideration for the transactions will be approximately $78 million consisting of $70 million of cash and 342,760 shares of common stock (valued at approximately $8.2 million based on the closing price per share as of August 7).
Strata Oil Pursues Primary Heavy Oil Production Potential At Cadotte West
Major oil producers in the Peace River region, such as Shell, Husky, and Baytex, are currently producing oil by cold production methods on their properties.