(Source: SpotLight Earth)
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Pin Oak Energy Continues Utica Buying Spree with Protégé Deal
Pin Oak Energy Partners tacked on nearly 10,000 net acres to its Utica Shale position in the Appalachian Basin as part of a recent acquisition from EnCap-backed Protégé Energy.
Devon Energy Completes Barnett Shale Exit to Kalnin Ventures
Devon Energy received a net cash payment of $320 million for the Barnett Shale assets at closing, which the Oklahoma City-based company said in August will coincide with a special dividend to shareholders worth $100 million.
Aramco, BlackRock, Others Discussing Deal Worth over $10 Billion
The deal, internally dubbed "Project Seek," is still in its initial phase and there is no formal decision on the investors yet, one of the two sources familiar with the matter said.