Superior Pipeline Secures Large Stack Play Acreage Dedication
Superior Pipeline Co. LLC has entered into a long-term, fee-based natural gas gathering and processing agreement with an active producer in the Stack play on March 18.
Shale Producer Gulfport Energy Reportedly Hires Restructuring Adviser
Gulfport Energy has lost four-fifths of its market value since the start of the year, and now has a market cap of $90 million.
On The Market Oil And Gas Quicklist (Week Of March 18, 2020)
Here’s a quicklist of oil and gas assets on the market including Permian Basin minerals plus several packages of Grizzly Energy operated assets across Texas, Oklahoma and Wyoming.
Oil Price Collapse Sours $320 Million Deal For Alta Mesa Resources
A court-ordered sale of one-time shale high-flyer Alta Mesa Resources fell through due to a lack of financing on March 9, a day when oil prices and shares of U.S. oil producers plummeted.
On The Market Oil And Gas Quicklist (Week Of March 11, 2020)
Here’s a quicklist of oil and gas assets on the market including Grizzly Energy operated assets in the Texas Panhandle plus Northwest Stack nonop working interest.
Marathon Joins Growing Number Of Shale Producers Slashing Spending
Analysts with Tudor, Pickering, Holt & Co. applauded Marathon Oil’s “swift reduction,” but noted more cuts might be needed.
Marketed: Northwest Stack Nonop Working Interest
KEW Drilling is offering for sale nonoperated producing properties located in the northwest corridor of the Stack play in Oklahoma's Blaine, Dewey, Major and Woodward counties.
Marketed: Cove Petroleum Portfolio Across Major Oil Producing States
Energy Advisors Group has been retained by Cove Petroleum to assist in marketing its entire portfolio of working interests plus royalty and overriding royalty interests in 422 wells, mainly in Texas and Oklahoma.
On The Market Oil And Gas Quicklist (Week Of March 4, 2020)
Here’s a quicklist of oil and gas assets on the market including a Powder River Basin package from Anschutz Exploration and Permian Basin minerals operated by Callon Petroleum.
Continental Resources Shares Fall 15% On Weak 2020 Outlook
Continental, which operates in the Bakken as well as the STACK and SCOOP shale plays, forecast lower-than-expected free cash flow for the year despite keeping capital spending flat.