With the bar continually raised on the estimated ultimate recoveries (EUR) from wells drilled in U.S. shale gas plays, determining how to value unconventional acreage is proving to be a diverse, complicated process, according to a new report.
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Kodiak Building Bakken/Three Forks Acreage
Kodiak Oil & Gas Corp. has agreed to acquire from an undisclosed private seller Bakken/Three Forks leasehold and producing properties in the Williston Basin for about $85.5 million, the company said Monday.
TransAmerican Taking Utica Shale Stake
Vancouver, BC-based TransAmerican Energy Inc. said Monday it plans to acquire a 100% interest in 10 Utica shale oil and gas properties on 136,000 acres in Quebec.
TransAmerican Taking Utica Shale Stake
Vancouver, BC-based TransAmerican Energy Inc. said Monday it plans to acquire a 100% interest in 10 Utica shale oil and gas properties on 136,000 acres in Quebec.
Exec Says Kerr-McGee’s Sales Set Stage for Deepwater, Overseas Growth
As it readies itself to become a pure-play exploration and production (E&P) company, Kerr-McGee Corp. has begun due diligence to possibly sell its chemicals unit, while at the same time it is preparing an initial public offering that should be ready by mid-June, according to Dave Hager, senior vice president of E&P.
Exec Says Kerr-McGee’s Sales Set Stage for Deepwater, Overseas Growth
As it readies itself to become a pure-play exploration and production (E&P) company, Kerr-McGee Corp. has begun due diligence to possibly sell its chemicals unit, while at the same time it is preparing an initial public offering that should be ready by mid-June, according to Dave Hager, senior vice president of E&P.