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Cox Oil To Acquire Energy XXI Gulf Coast For $322 Million
Energy XXI said it will terminate its previously announced partnership with Orinoco Natural Resources as a result of the Cox Oil transaction.
Exco Resources Forms Committee To Evaluate Strategic Alternatives
The special committee will evaluate options such as divestitures and restructuring of its gathering, transportation and certain other contracts, the company said.
Oil States Grows US Shale Service Offerings With Acquisition
Oil States' acquisition of Falcon Flowback Services comes as oilfield service M&A continues to heat up providing the industry with much-needed consolidation, analysts say.