Cotton Valley
Enterprise Acquires Bankrupt Azure's Gas System
Enterprise Products Partners will acquire natural gas gathering pipelines serving the Haynesville, Bossier, Cotton Valley and Travis Peak formations for $189 million as part of a bankruptcy auction.
Oilfield Service Companies Performance, Slingshot Combine
Pelican is the financial partner which supported the recapitalization and combination of the companies. The terms of the transaction weren't disclosed.
Samson Resources Moves Toward Chapter 11 Emergence
In September 2016, Samson filed for Chapter 11 to reduce debt and create a capital structure that will pave the way for a 'successful future.'
Grant Sims Joins WildHorse Resource’s Board As Independent Director
Grant Sims has been director and CEO of the general partner of midstream MLP Genesis Energy Partners LP since August 2006, and chairman of general partner’s board since October 2012.
Castleton Seizes Anadarko Petroleum’s East Texas Play For $1 Billion
Castleton’s managing director for A&D says the company will continue to expand its footprint in the region.
WildHorse Resource Files For IPO Of Up To $650 Million
Houston-based WildHorse said proceeds from the offering will be used to fund the remaining portion of the Burleson North acquisition. The company did not mention the size of the offering.
Panel: Rangeland Energy, Port Of Corpus Christi Authority (2016)
Michael L. Moss, vice president of business development at Rangeland Energy; andJohn LaRue, executive director of Port of Corpus Christi Authority.
Range Resources To Expand Beyond Marcellus Shale Through Merger
Range Resources is diversifying its portfolio into the Gulf Coast through an agreement to acquire North Louisiana pure play Memorial Resource Development in an all-stock transaction valued at $4.4 billion.
SandRidge, Breitburn File For Bankruptcy Protection
A plunge in global crude prices has now pushed at least 28 publicly traded North American oil and gas producers to seek bankruptcy protection since early 2015, according to a Reuters review of regulatory filings.
Indigo Minerals Lands Cotton Valley/Haynesville Acreage For $375 Million
The acquisition included certain producing properties and undeveloped acreage in the core of the plays. Pro forma, Indigo Minerals holds about 160,000 net acres in Northwest Louisiana and East Texas.