Cotton Valley
Japan's Osaka Gas Buys Stake In East Texas Shale Gas Project
Osaka Gas will acquire a 30% stake in Sabine Oil & Gas' East Texas shale gas project targeting the Cotton Valley Sand and Haynesville Shale formations.
Breitburn Exits Bankruptcy As New EIG-Backed Company
Breitburn said it successfully completed its Chapter 11 reorganization and emerged as Maverick Natural Resources, a newly-formed company owned and operated by EIG.
QEP Sales Event: Half-Million Acres Outside Permian Up For Grabs
QEP Resources aims to become a Permian pure player by marketing roughly a half-million acres in the Williston and Uinta basins and the Haynesville Shale.
PetroQuest Energy Releases Results From Cotton Valley Wells
PetroQuest Energy Inc. (NYSE: PQ) released the latest results from its horizontal Cotton Valley drilling program in East Texas on Feb. 20.
SandRidge Energy Ousts CEO, CFO After Push From Icahn
SandRidge Energy ousted its CEO and CFO on Feb. 8 and said it would cut spending, a victory for activist investor Carl Icahn who has railed for months against the U.S. shale producer's board and management.
PetroQuest Gives Away Gulf Of Mexico Assets, Escapes Liabilities
PetroQuest sold the assets to Northstar Offshore, a company controlled by billionaire Tom Clarke whose previous acquisitions include coal mines and were designed to offset harm to the environment.
SandRidge Energy Rejects Carl Icahn's Proposal To Replace Directors
The rejection comes less than a week after SandRidge Energy met privately with Carl Icahn in New York and tried to quell rising tensions with the billionaire investor, its largest shareholder.
SandRidge To Meet With Investor Carl Icahn To Quell Rising Tensions
The call for board seats came after SandRidge terminated a $746 million deal to acquire rival Bonanza Creek that Icahn and other investors said was too expensive and would burden the company with too much debt.
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.
Uptick In Haynesville Shale Production Expected For 2018
Stratas Advisors is forecasting growth this year in the Haynesville Shale driven by longer laterals and improved completion designs.