Whiting Petroleum had explored a wide variety of alternatives to address its balance sheet and looming note maturities in a “highly capital-constrained market environment,” CEO Bradley J. Holly says.
Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.
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 snapshot of energy deals from the past week including the $94 million acquisition of NexTier’s well services business by Basic Energy.
Joe Mills, president and CEO of Samson Resources II, spoke with Hart Energy on why his company chose to go all-in in the Powder River Basin and what Samson learned in other shale plays like the Haynesville.
A deepwater Gulf of Mexico discovery by Hess and a Niobrara well producing in Wyoming’s Converse County top this week’s drilling activity highlights from around the world.
Here’s a snapshot of energy deals from the past week including ConocoPhillips’ $380 million exit from the D-J Basin plus the closing of WPX’s multibillion-dollar acquisition of Felix Energy.