Devon Energy Targets Oil Transformation By Year-End 2019
Oklahoma City-based Devon Energy launched plans for its transformation on Feb. 19 including the possible sale or spin-off of its Canadian and Barnett Shale assets.
February 19, 2019
Rockies
Smid-Cap Oil And Gas Stocks At Bargain Prices
Analysts name small- and midcap stocks to watch this year and into 2020.
February 18, 2019
Marketed: Over 1 Million Acres Of Government Oil And Gas Leases
EnergyNet has been retained to handle state and federal oil and gas lease sales across the U.S. including nearly 1 million acres for lease in Wyoming alone.
February 15, 2019
Former EnerVest Affiliate Sells Magnolia Oil & Gas Stake, Exits San Juan Basin
Harvest Oil & Gas, a successor company to EnerVest’s former affiliate EV Energy Partners, announced divestitures on Feb. 14 totaling more than $90 million.
February 14, 2019
Marketed: Merit Energy Properties Throughout Kansas, Wyoming
An affiliate of Merit Energy retained EnergyNet for the sale of multiple packages of oil and gas assets throughout Kansas and Wyoming in four, separate auctions.
February 12, 2019
Legacy Reserves Names Robert Norris As CFO
Robert Norris’ appointment, effective Feb. 19, will fill in a position left empty late last year when Legacy Reserves named CFO Dan Westcott as CEO Paul T. Horn’s successor.
February 12, 2019
Kimbell Royalty Partners Adds EnCap Assets In Multimillion-dollar Acquisition
Kimbell Royalty Partners agreed to acquire certain oil and gas royalty assets controlled by EnCap in a stock deal worth about $151.3 million.
February 7, 2019
Anadarko Petroleum Profit Misses As Costs Rise Sharply
A rise in sales volume during the fourth quarter was offset by a 19% jump in expenses as Anadarko Petroleum ramped up investments in the Permian and Denver-Julesburg Basins.
February 6, 2019
Core Wattenberg Operator Nonop Sale Among Few January Deals
PetroShare’s sale of nonop interest in Colorado’s Wattenberg Field marks only the third upstream A&D deal in the U.S. publically announced so far this year.
February 1, 2019
Chart: Western Rig Count As of February 1, 2019
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
February 1, 2019