Linn Energy Sells Utah Assets For $132 Million
After divesting about $1.7 billion in 2017, Linn is actively marketing its Permian Basin assets and remaining properties in Utah.
TGS Secures New Seismic Projects In Scoop/Stack, Permian, Montney Shale
TGS continues to strengthen its onshore position with new seismic projects in key shale basins of North America, such as the Permian Basin, Scoop/Stack and the Montney.
After Scuttling SandRidge’s $746 Million Merger, Icahn Batters Board
Carl Icahn is demanding SandRidge Energy replace two of its five directors—with at least one appointed by him—following successfully halting the company’s merger with Bonanza Creek Energy.
Carl Icahn Demands Removal Of Two SandRidge Energy Board Members
SandRidge Energy's biggest shareholder Carl Icahn called for the resignation of two of the company's board members, after forcing the management to abandon the purchase of Bonanza Creek.
Tallgrass Energy Acquires Interests In Pony Express Linked Crude Terminals
The bolt-on acquisitions continue to solidify Pony Express’ track record as a reliable and diverse pipeline and strengthen its ability to serve crude oil markets for decades to come, CEO David Dehaemers said.
Chaparral Accelerates In Stack With Kingfisher Acquisition
Chaparral Energy acquired about 7,000 net acres in Kingfisher County, Okla., for just $8,500 per acre—significantly cheaper than recent Stack transactions.
Gulfport Energy Taps Former Noble VP Donnie Moore As COO
Moore joins Gulfport, effective Jan. 8, from Noble Energy, where most recently served as vice president of the company’s Texas operations in the Eagle Ford and Delaware Basin assets.
Linn Energy Agrees To Third-Party Dedication Of 7,200 Acres In Oklahoma’s Merge
Linn Energy Inc. said on Dec. 27 its wholly owned subsidiary, Blue Mountain Midstream LLC, reached an agreement with Gaedeke Merge LP to dedicate approximately 7,200 acres in the Merge to Blue Mountain’s Chisholm Trail midstream business.
Surge In US Shale Hedging To Boost Drilling In 2018
More than 144 million barrels were added to hedges after global oil markets rallied by as much as $13 in the quarter. Higher prices help producers lock in profits for future sales.
Linn Energy To Sell Oklahoma Waterflood, Texas Panhandle Assets For $122 Million
The divestiture of Linn’s mature Oklahoma and Texas assets brings the company’s total asset sales for 2017 to more than $1.6 billion.