EnerJex Resources Inc. has agreed to acquire privately held Black Raven Energy Inc., a Denver-based company with more than 75,000 net acres leased in the Denver-Julesburg (DJ) Basin.
Articles from Atascosa
Australia’s Aurora Buys More Eagle Ford Acreage
Aurora Oil & Gas Ltd. is buying a 100% operated working interest in 2,700 net acres in South Texas in the liquids-rich area of the Eagle Ford Shale for $117.5 million.
Plan In Hand, Newfield Needs to Execute, Analyst Says
Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.
Cabot Forms Pearsall Shale JV with Osaka Gas Unit
Cabot Oil & Gas has struck an agreement with a U.S. unit of Osaka Gas Co. Ltd. for the sale of a 35% nonoperated working interest in the Pearsall Shale in 50,000 net acres leased by the company in Atascosa, Frio, La Salle and Zavala counties in Texas for $250 million.
Eagle Ford Offer from One Aussie to Another
Australia’s Aurora Oil and Gas Ltd. has made an A$107 (US$111.7 million) unsolicited offer for Eagle Ford Shale-focused Eureka Energy Ltd., which said Monday it is considering the proposal.
Pioneer JV Signs With Enterprise in Eagle Ford
Units of Enterprise Products Partners LP have struck 10-year agreements to provide midstream services for liquids-rich gas and crude oil production from the Eagle Ford Shale in South Texas, the partnership said Monday.