Transeuro Energy Corp., Vancouver, (Toronto Venture: TSU) plans to acquire a petroleum prospecting license in the Papuan fold belt of Papua New Guinea from Rockwell Explorations SA for 300,000 common shares of Transeuro and a cash payment of US$80,000. The company's interest on the license, which covers 1.5 million acres, will be between 76.5% and 98%.
North Hudson Launches $275 Million Oil, Gas Credit Fund
2023-01-31 - North Hudson said it's providing capital solutions to small- and mid-sized operators at a time when capital providers in the oil and gas sector are pulling back.
Devon Names Midstreamers Mears, Kelly to BoD
2023-01-04 - Michael Mears is the former president, chairman and CEO of Magellan Midstream Partners, while Gennifer Kelly previously served as senior vice president and COO of Western Midstream Partners.
Rockies-Focused Bison IV Wins $500MM in Backing From Quantum
2023-02-27 - Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming.
EnCap Flatrock Promotes VP Brett Knowles to Managing Director
2023-01-09 - Knowles, a recent Hart Energy Forty Under 40 honoree, has been at EnCap Flatrock for 10 years.
E&P Highlights: March 13, 2023
2023-03-13 - Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.