Oklahoma Earthquakes Raise Calls For Restrictions On Energy Firms
Two large earthquakes were recorded in northwest Oklahoma on Jan. 6, including a magnitude 4.8 quake. The quakes were part of a surge in seismic activity over the past several years.
Eagle Energy Trust Aims For Texas, Oklahoma Wells With 2016 Budget
Eagle's 2016 plans include drilling five additional wells at its Salt Flat and Hardeman properties in Texas and Oklahoma "to gain further recovery," said Wayne Wisniewski, COO.
EnLink ‘Stacks’ Up Through Acquisition
EnLink did some holiday shopping with a $1.55 billion acquisition of Cana Woodford assets from Tall Oak Midstream.
Core Overload? Devon’s Powder River, Anadarko Deals Knock Back Stock
Dave Hager, Devon’s president and CEO, touted the purchase of Oklahoma acreage oil potential but with a fully stocked larder of oil and gas assets, investors penalized the company.
Devon To Buy Powder River And Anadarko Basin Assets
Devon's pipeline unit EnLink Midstream LLC also agreed to acquire peer Tall Oak Midstream for $1.55 billion.
QEP Offers Several Remnants From Oklahoma Heyday
QEP Resources Inc.’s (NYSE: QEP) slow exit from the Sooner State might be coming to a close.
After selling a bulk of its Oklahoma assets in 2014, QEP is in the process of clearing away the remaining odds and ends of its residency in the state, including the sale of assets in two upcoming auctions with EnergyNet.
The company has instead turned its focus largely to the Permian and Williston basins.
The assets consist of non-producing minerals, non-participating royalty interest and HBP leasehold acreage in several counties located in the central, northern and eastern parts of the state. QEP is selling roughly 3,830 mineral interest acres in two packages.
Devon In Talks To Buy Felix Energy, Sources Say
EnCap has received a cash-and-stock offer for Felix from Devon, the sources said this week. It has also sought other potential buyers, and there is no certainty that any deal will be reached, the sources added.
Reduced Incentive Restructuring Plan Approved For Sabine
The revisions, which received last-minute backing from second-lien lenders, include lowering the threshold payout for some executives and moving up the date for a bankruptcy confirmation hearing, Reuters said.
Phillips 66 Shakes Up Quake Plans After Oklahoma Temblors
The changes include new protocols for inspecting the health of crude tanks, potentially halting operations after temblors, and monitoring quake alerts.
Samson's CEO Plans To Resign, Company Lawyer Says
Joshua Sussberg said the continuing dive in commodity prices has unraveled the company's restructuring support agreement, which was struck just before it entered bankruptcy, Reuters reported.