The United States is imposing sanctions on certain Chinese entities for knowingly transferring oil from Iran, U.S. Secretary of State Mike Pompeo said in what he called fresh actions to intensify pressure on Iran.
Speaking at an event on the sidelines of United Nations General Assembly, Pompeo also said Washington was going to ramp up efforts to educate countries on the risks of doing business with Iran's Revolutionary Guard Corps to disentangle them from the Iranian economy.
The Denver-based independent Sundance typifies the new Eagle Ford narrative where technically astute private equity-backed younger management teams are revitalizing the play.
SandRidge agreed to acquire debt-free Bonanza Creek’s D-J Basin assets in a cash-and-stock transaction at a 17.4% premium.
SM Energy agreed to sell about 112,000 net acres in Wyoming for $500 million, far exceeding some estimates of the positions’ worth.