Marathon Oil reported a loss of $317 million, or 40 cents per share, for the quarter ended Sept. 30, compared to a profit of $165 million, or 21 cents per share, a year earlier.
Phoenix Capital Group Holdings LLC retained EnergyNet for the sale of packages of producing mineral and royalty interests within the Williston Basin in North Dakota’s McKenzie, Mountrail and Williams counties.
Here’s a quicklist of oil and gas assets on the market including a Permian Basin well package operated by Apache Corp. plus Royal Blue Minerals II’s Williston Basin position.
The U.S. rig count rose 11% in October but was down 60% year-over-year.
Royal Blue Minerals II LP retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its Williston Basin minerals position.
The biggest write-downs stem from Equinor's assets in the Bakken shale field in the U.S. and the Mariner heavy oil field off the coast of Britain, the company said on an analysts call without elaborating.
Here’s a quicklist of oil and gas assets on the market including Bellatorum Resources Permian Basin royalty asset packages plus operated Oklahoma assets from Kaiser-Francis Oil.