Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.
Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.
Here’s a snapshot of recent energy deals including a duo of acquisitions by Diamondback Energy valued at over $3 billion plus the closing of Hilcorp’s $5.6 billion BP Alaska acquisition and a Permian Basin deal by Earthstone Energy.
EP Energy said it had entered a purchase and sale agreement with an undisclosed buyer to divest its assets located in the southern Midland Basin.
Middle Bakken, Three Forks wells completed at a single pad plus Spraberry/Dean, Wolfcamp producers in Midland Basin by Occidental Petroleum and more testing completed in Australia’s Otway Basin top this week’s drilling activity highlights from around the world.
Earthstone Energy’s acquisition of Independence Resources Management is expected to roughly double both the company’s production and adjusted EBITDAX with minimal impact to leverage, says Earthstone CEO Robert J. Anderson.
Wolfcamp A discovery by Chevron in Culberson County, Texas, plus high-volume Mississippi Canyon, Niobrara and Marcellus completions top this week’s drilling activity highlights from around the world.
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.
Three Culberson County, Texas, Wolfcamp wells completed by Cimarex Energy plus a Spraberry Field-Wolfcamp discovery reported by Laredo Petroleum in Reagan County, Texas, in the Permian Basin top this week’s drilling activity highlights from around the world.
Abraxas Petroleum effected a 1-for-20 reverse stock split of its issued and outstanding shares of common stock on Oct. 19, which boosted the oil producer’s share price above $1 for the first time since July 2019.