Chesapeake Energy Corporation Provides Details on Its Financial Plan for 2012
Company Targets $10-12 Billion in Asset Monetizations During the Year
Panhandle Oil and Gas Inc. Reports Fiscal 2012 First Quarter Results
Panhandle Oil And Gas Inc. reported financial and operating results for the 2012 fiscal first quarter ending Dec. 31, 2011.
Unit Corporation Announces 2012 Capital Expenditure Budget, 2012 Production Guidance and 2011 Total Proved Reserves
Unit Corporation announced its initial 2012 capital expenditure budget, 2012 production guidance and 2011 total proved oil and natural gas reserves, as well as certain operational updates for each of its three business segments.
Ulterra Bit Sets Record in the Granite Wash
A new 12.25-inch U616M, six-blade matrix PDC bit with 16mm cutters recently set a Roger Mills County footage record in western Oklahoma.
Apache Doubles Anadarko Base With Deal For George Solich’s Cordillera
Cordillera holds 254,000 net acres in the Texas Panhandle and western Oklahoma.
Welcome The New, Consolidated Granite Wash
The Granite Wash inches forward as the industry deploys unconventional techniques to a multiple stacked play. Apache’s $2.85 billion acquisition of Cordillera Energy creates the play’s largest landholder and consolidates the central corridor.
Chesapeake Updates Its 2012 Operating Plan in Response to Low Natural Gas Prices
Chesapeake Energy Corporation provided an update on additional steps it is taking to continue creating shareholder value in response to the lowest natural gas prices in the past 10 years.
Cordillera Energy Partners III to Merge With Apache
Denver based Cordillera Energy Partners III, LLC announced an agreement to merge with Apache Corporation of Houston, Texas. Under the terms of the merger agreement, Apache will acquire Cordillera for $2.85 Billion comprised of $600 Million in common shares and $2.25 Billion in cash.
Gathering The Granite Wash
The saturation of liquids throughout the Granite Wash play is what makes it one of the more attractive and economic unconventional plays today.
Linn Energy Details 2012 Capex; Granite Wash Activity
The company has reported a 2012 oil and natural gas capital program of $880 million. The capital program will be focused primarily on low-risk, high-rate-of-return, liquids drilling.