Dejour Will Change Name To DXI Energy Inc.
DXI Energy Inc. will trade on NYSE MKT Exchange and the Toronto Stock Exchange under the tickers “DXI” and “DXI.TO,” respectively. Common shares will be consolidated on a 1-for-5 basis.
Dejour Provides Update On Kokopelli Project
Dejour owns a 25% working interest in this multizonal production project. There could be more than 50 additional vertical Mancos wells, the company said, in addition to 200 Williams Fork wells.
Basic Energy Lowers Fracking Services Prices
The company's fluid services business has been the most resilient. This is due to its salt water disposal well network, especially in markets like the Permian Basin.
Vanguard, Eagle Rock Unitholders Approve Merger
Common units representing limited liability company interests will be issued to Eagle Rock’s unitholders as merger consideration. The transaction is scheduled to close Oct. 8.
Questar, Laramie Enter JV In Colorado's Piceance Basin
Wexpro, Questar's subsidiary, said it expects to spend $60- to $70 million on an 80-well drilling program targeting the Mesaverde Formation.
A Minor Adjustment: EOG Looks To Shed 130,000 Noncore Acres
EOG’s ample liquidity suggests it may simply be adjusting its portfolio. It’s likely the properties require significant capital commitment, which could be better used elsewhere, says analyst.
Downhole Completions Activity Highlights: September 2015
Larry Prado, Hart Energy's activity editor, summarizes recent trends in downhole tools and technologies used in the U.S. shale plays.
WPX Will Resume Completions, Add Rigs In Williston
There are more than 85,000 net acres in the core of the basin, and 119 million barrels of oil equivalent of proved reserves as of year-end 2014
Memorial Resources Reveals Sale Of Rockies Assets
Subsequent to the closing of the divestiture, 100% of the company's proved reserves are located in the Terryville Field and North Louisiana.
Operators Weigh In On Efficiencies
Chesapeake and WPX, forging ahead despite low oil prices, detail bright spots in Western basins.