Diligence

Buying Shale Gas Assets Is Risky Business, Says Study

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.

September 26, 2011

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.

May 24, 2011

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.

March 16, 2010

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.

March 16, 2010

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.

May 30, 2005

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.

May 26, 2005