An affiliate of Vitruvian Exploration retained EnergyNet for the sale of an Eagle Ford Shale opportunity in Salle and McMullen counties, Texas, through a sealed-bid offering closing Dec. 4.
Output at the largest formation, the Permian Basin of Texas and New Mexico, is expected to rise 57,000 bbl/d to 4.73 MMbbl/d.
Paulson & Co. relented that it no longer opposes the merger of Houston-based independents Callon Petroleum and Carrizo Oil & Gas, though the hedge fund also cut its investment in Callon.
Dallas Cowboys' owner Jerry Jones' Comstock Resources is picking up cheap assets, betting on the Haynesville's proximity to the growing U.S. Gulf Coast export hub.
First Rock Inc. retained Oil & Gas Asset Clearinghouse for the sale of Frio County, Texas assets. The offer includes HBP mineral leasehold and interest in an Austin Chalk well.
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Callon Petroleum agreed to a lower premium in its acquisition of Carrizo Oil & Gas as part of amended deal terms.