Items Tagged with 'midcontinent'

ARTICLES

Oxy Mum on Williston Sale Rumors, Cites Ongoing Strategic Review

Exactly a year after it said parts of its 2.5 million acres in the Midcontinent could be up for sale, a Houston-based Occidental Petroleum Corp. (Oxy) spokesperson refused to comment Thursday on rumors in North Dakota that Oxy was selling all of its more than 330,000 acres in the Williston Basin for an asking price of $3 billion. Read More

SandRidge Scuttles GOM Business, Returns Focus to Midcontinent

SandRidge Energy Inc., still in recovery mode following months of management turmoil and shareholder revolts, agreed Tuesday to sell a briefly held portfolio of Gulf of Mexico (GOM) properties back to an original owner to return its focus to the U.S. onshore. Read More

Riverstone, Eagle Energy in $300M Partnership in Midcontinent

Riverstone Holdings LLC and its partners announced Friday that they will invest up to $300 million in Eagle Energy Exploration LLC, funding that will help the latter pursue oil and gas exploration and production (E&P) opportunities in the Midcontinent. Read More

EnerVest 's $1B/Year Asset Acquisition Strategy Continues in 2013

EnerVest Ltd. reported Monday that it is on target to clear more than $1 billion in oil and natural gas asset acquisitions within the United States for the fourth year in a row. In 2013 the company is adding to its Midcontinent, Barnett Shale and San Juan Basin acreage, in addition to snapping up its first piece of the Uinta Basin in Utah. Read More

Oxy Looking to Sell 'Selective' Midcontinent Assets

As part of a strategic review aimed at forming a smaller, more profitable company, Los Angeles-based Occidental Petroleum Corp.'s (Oxy) board of directors on Friday authorized pursuit of selected asset sales, including potentially some overseas and Midcontinent assets, along with a portion of a general partner interest in Plains All American Pipeline (PAAP). Read More

Industry Briefs

California, Midcontinent Pace Cash Gains; Futures Rattle Higher

 Natural gas physical and futures prices both managed gains in Wednesday's trading. Read More