Vanguard Natural Resources LLC is acquiring all of Denbury Resources Inc.’s interest in Dallas-based Encore Energy Partners LP (ENP) for $380 million, the parties said last week. The “oil-focused” deal gives Vanguard more than 43 MMBoe of estimated proved reserves, about one-third natural gas.
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Vanguard Picking Up Oily Assets From Denbury Resources
Vanguard Natural Resources LLC is acquiring all of Denbury Resources Inc.’s interest in Dallas-based Encore Energy Partners LP (ENP) for $380 million, the parties said Wednesday. The “oil-focused” deal gives Vanguard more than 43 MMBoe of estimated proved reserves, about one-third natural gas.
Regency Throughput Increased in 3Q
Dallas-based Regency Energy Partners LP saw its gathering and processing volumes climb during the third quarter while throughput on its Regency Intrastate Gas System (RIGS) more than doubled.
For Old-Timer, Barnett Shale Still Getting it Done
A Barnett Shale well operated by Chesapeake Energy Corp. produced on average 17.824 MMcf/d for the month of September, surpassing any of the 14,000-plus wells drilled to date in the North Texas play.
Regency Energy Partners Saw Throughput Increase in 3Q
Dallas-based Regency Energy Partners LP saw its gathering and processing volumes climb during the third quarter while throughput on its Regency Intrastate Gas System (RIGS) more than doubled.
EXCO Weighing Take-Private Proposal
EXCO Resources Inc. last week formed a special committee to consider a buyout proposal from CEO Douglas Miller of $20.50/share cash, the Dallas-based natural gas-focused exploration and production company said.
EXCO Resources Gets Take-Private Proposal
EXCO Resources Inc. CEO Douglas Miller has proposed a buyout of the company at $20.50/share cash, the Dallas-based natural gas-focused exploration and production company said Monday. Oilman T. Boone Pickens as well as two investment firms are said to be in on the offer, which is worth $4.36 billion.
Shale-Focused EXCO Gets Buyout Offer
EXCO Resources Inc. CEO Douglas Miller has proposed a buyout of the company at $20.50/share cash, the Dallas-based natural gas-focused exploration and production company said Monday. Oilman T. Boone Pickens as well as two investment firms are said to be in on the offer, which is worth $4.36 billion.
Teak Midstream Acquires Texana Pipeline
Dallas-based Teak Midstream LLC has acquired gas gatherer and natural gas liquids transporter Texana Pipeline Co. LLC, Teak said Monday.
Regency Sells East Texas Gathering Assets
Regency Energy Partners LP has sold its east Texas gathering and processing assets to an affiliate of Tristream Energy LLC for about $70 million. Dallas-based Regency said it intends to use proceeds to fund growth opportunities.