“The environmental case against fracking crumbled years ago. The economic case for it is unassailable. So why are leading presidential candidates intent on shutting down one of the most beneficial U.S. innovations of the modern era?”
Little Raven Oil & Gas retained EnergyNet for the sale of a package of Bakken Shale assets located in McKenzie County, N.D., through an auction closing Oct. 8.
As asset-level A&D struggles in the background of multibillion E&P mergers and market indifference to oil and gas, deal advisers see a spike in transactions for minerals, conventional assets and even combinations of private-equity companies.
U.S. oil output from seven major shale formations is expected to rise by 74,000 barrels per day (bbl/d) in October to a record high 8.843 million bpd (MMbbl/d), the U.S. Energy Information Administration (EIA) said in its monthly drilling productivity report on Sept. 16.
Affiliates of REI Energy retained EnergyNet for the sale of a Bakken Shale well package located in Mountrail County, N.D., through an auction closing Sept. 25.
Springbok Energy Partners retained TenOaks Energy Advisors for the sale of its mineral portfolio located in the most active and economic unconventional plays in the Lower 48.
Northern Oil and Gas appointed CFO Nicholas O’Grady as president on Sept. 10, filling a position left vacant following the resignation of the Bakken nonop company’s founder last month.