China National Oil and Gas Exploration and Development Co. (CNODC) has signed a binding agreement with Russia’s Novatek to buy a 10% stake in the Arctic LNG 2 project, Novatek said on April 25.
CNODC is a subsidiary of China National Petroleum Corp. (CNPC).
“The agreement is an important milestone in our Arctic LNG 2 project implementation as well as a continuation of our successful cooperation with CNPC,” Novatek's CEO Leonid Mikhelson said in a statement.
Foundation Energy Management retained Eagle River Energy Advisors for the sale of certain operating working interest assets and associated lands in the Uinta-Piceance Basin of Colorado and Utah.
Highpoint Resources retained Eagle River Energy Advisors for the sale of certain nonoperated working interest assets in the Delaware and Denver-Julesburg (D-J) basins with bids due Jan. 23.
EnergyNet has been retained for the sale of South Texas producing mineral and royalty interests in an eight well package located in DeWitt County, Texas, operated by Devon Energy.