Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Houston-based BG Alaska E&P Inc., a wholly owned subsidiary of BG Group Plc, has signed a participation agreement with Anadarko Petroleum Corp. (NYSE: APC) and Petro-Canada (Alaska) Inc., a wholly owned subsidiary of Petro-Canada (NYSE: PCZ) for a 33.33% equity share in 2.1 million acres of land in the Foothills area of the Alaskan North Slope. Each partner now owns a one-third working interest in the acreage. Anadarko will serve as operator.
Recommended Reading
Petrie Partners: A Small Wonder
2024-02-01 - Petrie Partners may not be the biggest or flashiest investment bank on the block, but after over two decades, its executives have been around the block more than most.
Air Products Sees $15B Hydrogen, Energy Transition Project Backlog
2024-02-07 - Pennsylvania-headquartered Air Products has eight hydrogen projects underway and is targeting an IRR of more than 10%.
Ovintiv Names Sippy Chhina to Board of Directors
2024-01-12 - Chhina recently retired as a partner at services firm Deloitte Canada LLP.
Matador Resources Declares Quarterly Dividend
2024-02-14 - Matador Resources will pay a $0.20 dividend on March 13 to shareholders of record by Feb. 23.
Chesapeake Slashing Drilling Activity, Output Amid Low NatGas Prices
2024-02-20 - With natural gas markets still oversupplied and commodity prices low, gas producer Chesapeake Energy plans to start cutting rigs and frac crews in March.