Midcontinent
Lease Sales
Marketed: EnerVest Western Anadarko Basin Asset Package
EnerVest retained EnergyNet for the sale of a Western Anadarko Basin package of assets in Oklahoma's Roger Mills County and Hemphill County, Texas, through an auction closing April 1.
Restructurings , Public Capital , Exploration & Production , Shale Plays
Shale Producer Gulfport Energy Reportedly Hires Restructuring Adviser
Gulfport Energy has lost four-fifths of its market value since the start of the year, and now has a market cap of $90 million.
Lease Sales
Marketed, Non-producing Leasehold, Minerals In Oklahoma's Love County
Acoma Energy retained EnergyNet for the sale of non-producing leasehold and minerals in Oklahoma's Love County plus three DUCs operated by XTO Energy through an auction closing April 1.
Lease Sales
On The Market Oil And Gas Quicklist (Week Of March 18, 2020)
Here’s a quicklist of oil and gas assets on the market including Permian Basin minerals plus several packages of Grizzly Energy operated assets across Texas, Oklahoma and Wyoming.
Lease Sales
Marketed: Eagle Hydrocarbons Oklahoma, Texas 97-well Package
FTI Consulting Canada as receiver and manager of Eagle Hydrocarbons retained EnergyNet for the sale of a 97-well package in Oklahoma and Texas through a sealed-bid offering closing March 27.
Lease Sales
Marketed: Grizzly Energy Anadarko Basin Northwest Oklahoma Package
Grizzly Energy retained EnergyNet for the sale of Anadarko Basin assets in northwest Oklahoma through a sealed-bid offering closing March 25.
Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Midstream
Oil Price Collapse Sours $320 Million Deal For Alta Mesa Resources
A court-ordered sale of one-time shale high-flyer Alta Mesa Resources fell through due to a lack of financing on March 9, a day when oil prices and shares of U.S. oil producers plummeted.
Lease Sales
On The Market Oil And Gas Quicklist (Week Of March 11, 2020)
Here’s a quicklist of oil and gas assets on the market including Grizzly Energy operated assets in the Texas Panhandle plus Northwest Stack nonop working interest.
Business , Unconventional , Shale Plays
Marathon Joins Growing Number Of Shale Producers Slashing Spending
Analysts with Tudor, Pickering, Holt & Co. applauded Marathon Oil’s “swift reduction,” but noted more cuts might be needed.
Lease Sales
Marketed: Northwest Stack Nonop Working Interest
KEW Drilling is offering for sale nonoperated producing properties located in the northwest corridor of the Stack play in Oklahoma's Blaine, Dewey, Major and Woodward counties.