Danos said it had reached a “tentative agreement” to acquire the assets and business of Shamrock Energy Solutions, a privately-held, 22-year-old oilfield service company based in Louisiana.
Encana’s acquisition of U.S. shale producer Newfield Exploration expands the company’s “core four” portfolio to include a key position in the oil-rich Stack and Scoop shale plays.
Rice brothers, Toby and Derek, reiterated their plan to turnaround EQT and realize the potential promised from the Rice Energy merger.
Chesapeake Energy completed its acquisition of WildHorse Resource Development Corp. on Feb. 1, creating an Eagle Ford oil producing powerhouse.
Ophir Energy agreed to be bought out by Indonesian oil and gas group Medco Energi for a sweetened bid of 390.6 million pounds (US$511.02 million) in cash.
King & Spalding on Jan. 29 announced that Alan Noskow has joined as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington, D.C. office.
Indonesian oil and gas group Medco Energi got an extension to Jan. 31 to make a firm takeover offer for Ophir Energy or walk away.
As XTO Energy, Exxon Mobil’s subsidiary, grows production in the Permian Basin, it is also working to address water, emissions and quality of life concerns in the region.
Husky Energy said Jan. 17 it will not extend its hostile bid for MEG Energy after failing to get sufficient support from the rival oil producer's board and shareholders.
Ophir Energy rejected Indonesian oil and gas group Medco Energi's potential takeover offer, saying it "undervalues" the British oil and gas company.
