Värde Partners is proposing to acquire the roughly 75% of outstanding shares of Lilis Energy common stock it doesn’t already own in a cash merger transaction.
WPX plans to implement a dividend in conjunction with the Felix acquisition, targeting about $0.10 per share on an annualized basis at initiation.
High-volume Wolfcamp and Bone Spring completions by Occidental in the Permian plus exploration permits offshore Newfoundland top this week’s drilling activity highlights from around the world.
XTO Permian completions, Woodford producers and Shell to explore for shale in China top this week’s drilling activity highlights from around the world.
Predicting well economics can be a matter of opinion when it comes to the method of estimating production. This engineer believes greater transparency would benefit users of type curves.
An affiliate of Chevron retained EnergyNet for the sale of a Delaware Basin unconventional package in Ward County, Texas, through a sealed-bid offering closing Sept. 26.
EOG Resources retained Detring for the sale of a roughly 3,400 net-acre contiguous and operated position along the eastern region of the northern Delaware Basin in an offering closing Oct. 9.
A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world.
The Morrison Estate retained Meagher for the sale of multi-state override and mineral interests including in the Delaware and Powder River Basins through an offering closing July 25.