SandRidge Draws Interest From More Bidders, Including Midstates
SandRidge, which said earlier this month it was approached by 17 potential bidders including Carl Icahn, is seeking more bids and has launched a review of its assets and strategies.
Carl Icahn Gains Control Of SandRidge Board In Proxy Fight
SandRidge's poison pill and executive compensation plan were rejected by shareholders, another victory for activist investor Carl Icahn, who had urged a 'no' vote for both.
Roundtable: If The Rock Is Good, Timing Is Right For Midstream Investment
Panel agrees the time to investment is now as production soars in the basins and there is a growing need for infrastructure to help with moving assets to market.
SandRidge Says Approached By 17 Potential Buyers, Including Carl Icahn
Activist investor Carl Icahn, who had offered to buy SandRidge in April, added two more nominees to his board slate in May, demanding more influence.
US Oil Firms Use Shale Know-How To Revitalize Old Fields
If they are successful, the U.S. energy boom could find another gear as producers find profitable ways to extract the billions of barrels of oil remaining in older fields.
EV Energy Partners Begins ‘New Chapter’ As Harvest Oil & Gas
EV Energy Partners, an MLP, filed for Chapter 11 in early April. Parent firm EnerVest and its EnerVest Operating unit did not file for bankruptcy.
Stratas: US Oil Production To Grow By More Than 1 Million Barrels Daily In 2018
Stratas Advisors predicts growth for North American shale plays including expectations for ‘bigger and badder’ wells becoming the norm this year.
Minerals A&D Rockets Past $1.2 Billion In One Week
Minerals dealmaking this past week includes Kimbell’s Haymaker transformation and the formation of a first-of-its-kind Eagle Ford minerals company.
Kimbell To Buy Haymaker's Mineral, Royalty Portfolio For $404 Million
Following the closing of the Haymaker acquisition, Kimbell will have an 11.1 million gross acre position with a total of 73 active rigs on its properties, which represents 7% of total active rigs in the U.S.
SandRidge Fights Back Against Carl Icahn Over Board Control
SandRidge CEO William Griffin said Icahn's continuous additions to the board would "end the impartial process, drive away competition and position Icahn to consolidate control as cheaply as possible."