Abraxas Readies ‘Stranded Asset’ Sale Following Nonop Bakken Deal
Abraxas Petroleum has embarked on becoming a Permian pure play with a core Delaware Basin position but may hold onto its Bakken asset after all, says CEO Bob Watson.
May 15, 2019
Carrizo Oil & Gas Activist Investor Pushing Merger, Sale
The investor, Lion Point Management, pressed last year for Resolute Energy’s $1.6 billon sale to Cimarex Energy.
May 13, 2019
Venture Capital Finds Deepwater Niche
Large, integrated companies are changing the way they see smaller, more nimble companies that can, in something of a paradox, research and test technology and theories that global companies cannot afford, executives said at the Offshore Technology Conference.
May 7, 2019
Guyana Makes Waves
After a dozen offshore oil discoveries uncovered billions of barrels of oil, the isolated nation of Guyana now faces the spotlight as a hub of exploration.
May 1, 2019
The New Energy Menu
Renewable and fossil fuel energies are more likely to collaborate than compete as the world makes its energy transition, but even with new technologies, the shape of that future is still anchored in natural gas.
May 1, 2019
Tough Times
The Permian Basin’s patchwork of acreage is often described as a checkerboard. This is a myth.
May 1, 2019
A&D Trends: Cash Only
Oil price volatility has helped cast A&D markets adrift leaving many E&P companies in a “no-wind” scenario.
April 24, 2019
Colorado Oil And Gas: Battleground State
The Colorado oil and gas industry is on the state’s endangered list, fighting a running battle with activists intent on stopping fracking. Now the industry faces renewed legislative challenges.
April 1, 2019
A&D Review: Upstream M&A’s Unfinished Symphony
Splashy mergers worth billions dominated the talk, but many companies spent 2018 playing it safe as E&P executives fretted over trade, interest rates, demand for oil, how to please investors and how long better times would last.
March 28, 2019
A&D Trends: Buck Rogers Vs. Michael Corleone
The beginning of February brought a sense of just how off-kilter 2019 is setting out to be.
March 22, 2019