Algerian state energy company Sonatrach signed a deal June 25 with France’s Total to extend its supply of 2 million tonnes a year of LNG to the French market for another three years, Sonatrach said.
Relations between Sonatrach and Total had deteriorated after Algeria blocked the sale of Anadarko assets to the French company, energy sources said.
So far in 2021, Earthstone Energy has completed two acquisitions in the Permian Basin and announced another in the Eagle Ford Shale for a total of $360 million spent in aggregate acquisitions, says CEO Robert J. Anderson.
First-quarter 2019 earnings calls prove to be quite revealing.
Analysts with Bernstein Research identified WPX Energy, Occidental Petroleum and Battalion Oil as top acquisition targets in the Permian Basin.