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Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
2022-06-28 - Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.
Earthstone Launches Another Deal to Add Titus’ Delaware into the Fold
2022-06-28 - The $627 million deal adds 86 net locations in the Permian Basin and boosts Earthstone Energy’s production by an estimated 26%.
Permian Output to Continue Growing Despite Supply Chain Constraints
2022-06-06 - While producers continue facing inflation and supply chain woes, the Permian Basin is on track to account for significant production growth.
PDC Energy Completes $1.3 Billion Great Western Petroleum Acquisition
2022-05-09 - In addition, PDC Energy said May 6 it paid off the Great Western Petroleum secured credit facility totaling $235 million and $312 million in principal amount of Great Western’s 12% senior secured notes due 2025.
Tall City Exploration’s ‘Simple’ Yet Technical Permian Basin Approach
2022-05-31 - Tall City Exploration CEO Mike Oestmann divulges the Permian producer’s recipe for success and why he believes the company has only “scratched the surface” so far in the southern Delaware Basin.