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Ranger Oil Racks Up Six ‘Bolt-on’ Acquisitions Worth $110 Million
2022-06-30 - Ranger Oil added three “bolt-on” acquisitions in the Eagle Ford Shale, bringing the total of all-cash transactions signed in the second quarter to six worth a combined $110 million.
Brazil’s Petrobras Slashes Plan to Sell Four Concessions
2022-05-16 - The sale process, which had been in binding phase since late 2018, has been called off “considering the alignment of the concessions to the company’s strategy,” Petrobras said.
Biden Administration to Hold First Onshore Oil, Gas Lease Sale
2022-06-28 - The BLM lease sales will run June 29-30 and will cover more than 140,000 acres across eight Western states, posing a test of the oil and gas industry's demand for new prospects at a time of soaring global energy prices.
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.
Environmental Groups Sue to Block Biden Administration Oil and Gas Auctions
2022-06-29 - The lawsuit, filed in federal court in Washington D.C., alleges that the Interior’s Bureau of Land Management violated the law by failing to adequately analyze the oil and gas lease sales’ impact on climate change.