Cotton Valley
Sabine’s Lenders Might Reduce Credit Line
The fully drawn $1 billion revolving credit line, drawn March 15, could be cut due to low oil prices, Reuters said. Sabine had about $327 million in cash on hand.
Midcoast Enters Eaglebine With $160 Million Of Acquisitions
The transactions will complement the company’s Cotton Valley, Haynesville and Bossier assets.
Azure To Buy Marlin Forming Haynesville, Cotton Valley Partnership
The combination creates one of the largest gathering and processing systems in the Haynesville and Cotton Valley plays.
Amelia Resources Sells Cotton Valley Asset
Amelia Resources has 17 years’ experience in the Cotton Valley.
Newer Drilling Techniques Revive Cotton Valley
Hydraulic fracturing and horizontal drilling are helping the field's East Texas portion regain traction.
Goodrich Petroleum’s Cotton Valley Sale Buys Time To Find JV
The company had solid well results but liquidity is a concern, analysts say.
U.S. Energy Corp. Enters Buda Limestone JV With Private Company
Under the agreement, the company acquired 33% of the seller's interest in several thousand acres.
Indigo Minerals Announces Purchase Of East Texas Cotton Valley Assets
The assets include 39 vertical wellbores with net production of ~3 mmcfepd.
Goodrich Petroleum Closes Sale Of Certain Non-Core Cotton Valley Properties
At year-end 2011, the company had booked 39 Bcfe of proved reserves for the assets.
Forest Oil Completes Four Horizontal Wells In Cotton Valley
By the fourth quarter of 2012, Forest plans to reduce its operated rigs from two to one targeting the Cotton Valley liquids interval.