Recently Hart Energy sat down with Luke Essman, president and CEO of Tulsa-based Canyon Creek Energy in Oklahoma City. Essman discussed the decades of drilling he anticipates. Plus, the company’s focus in the Arkoma Basin.
Activist investor Elliott Management offered to buy oil and gas producer QEP Resources in an all-cash deal valued at $2.07 billion, saying that the company is "deeply undervalued."
Chesapeake Energy is set to create an Eagle Ford oil producing powerhouse through its nearly $4 billion acquisition of WildHorse Resource Development.
Cimarex CEO Tom Jorden said Delaware Basin pure-play Resolute Energy, which has faced recent investor pressure to pursue a sale or merger, is a ‘bolt-on asset tailor-made for Cimarex.’