Cascade Acquisition Partners retained EnergyNet for the sale of an 880-well package with assets located throughout Kansas through an auction closing Aug. 27.
An affiliate of Northwest Oil & Gas Exploration retained RedOaks Energy Advisors for the sale of cash flowing minerals across seven Oklahoma counties in an offering closing Aug. 29.
Powder River Basin exploratory tests, Continental Resources Meramec well and an offshore Norway discovery top this week’s drilling activity highlights from around the world.
Natural gas makes up for a majority of Chesapeake Energy's production. But the company has been shifting its focus to oil production as gas prices have been pressured.
U.S. oil producer Continental Resources Inc reported a 19.7% fall in quarterly adjusted profit on Aug. 5 as weaker crude and natural gas prices more than offset a rise in overall production.
The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.