The leadership change was driven by the board’s discouragement toward Ring Energy’s current stock price and the “apparent lack of understanding and appreciation for the value this company represents,” Co-founder and Chairman Tim Rochford says.
Legacy Reserves retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale certain operated and nonoperated properties located in the Permian Basin.
The natural decline rates of existing oil and gas wells across major shale plays in the U.S. will contribute to a tighter supply/demand balance.
Results from two exploratory tests in the Powder River Basin and the first horizontal completion reported in a Central Basin Platform field top this week’s drilling activity highlights from around the world.
Here’s a quicklist of oil and gas assets on the market including Vitruvian’s position in the Eagle Ford Shale plus a package of operated properties in Colorado’s Raton Basin.
Here’s a quicklist of oil and gas assets on the market including operated, conventional oil properties across the Permian Basin, North Texas and Texas Gulf Coast from Clearly Petroleum.
Energy Advisors Group is assisting a Permian group with the marketing of a lease position within the Central Basin Platform in Winkler County, Texas.