Arkoma-Woodford

Kinder Buying Harold Hamm's Bakken Pipes in $3B Deal

Kinder Morgan Inc. (KMI) agreed to pay about $3 billion, including about $1 billion of assumed debt, for Hiland Partners, which has crude oil gathering and transportation pipelines, and natural gas gathering and processing systems, primarily serving the Bakken Shale in North Dakota and Montana. Read More

EIA Says NatGas Reserves Up 10%; North Dakota Passes GOM in Crude

U.S. natural gas proved reserves increased nearly 10% and reached a record 354 Tcf in 2013, according to the U.S. Energy Information Administration (EIA). Meanwhile, North Dakota's crude oil and lease condensate proved reserves surpassed those of the federal Gulf of Mexico (GOM), ranking it second only to Texas among U.S. states. Read More

PostRock Acquiring Central Oklahoma Acreage

PostRock Energy Corp. is buying about 22,000 net acres of leasehold in Pottawatomie, Cleveland and McCain counties in central Oklahoma for $3 million in cash and $7 million of its common stock. The company is targeting multiple reservoirs, the most significant of which is the Woodford Shale. Read More