Estimable

EOG Resources Inc. CEO Mark Papa said the company has no plans to sell its estimable onshore natural gas leaseholds. But he also doesn’t expect management to spend much time or money on the plays in 2013, he told analysts last week.

Williams took decisive action to build its estimable U.S midstream operations last week ahead of its spinoff of the exploration and production (E&P) unit after entering negotiations to buy a Marcellus Shale system.

Range Resources Corp., an early pioneer in the Barnett Shale that has since taken its estimable talents to the Marcellus, on Wednesday saw its share price jump almost 20% in early trading after reports surfaced that Royal Dutch Shell plc or another major oil company might make a bid for the company.

Enron Corp. said late Thursday it will sell Prisma Energy International Inc., which holds its once estimable overseas assets, to London-based Ashmore Energy International Ltd. in a two-stage transaction. Prisma, formed following Enron’s bankruptcy, is the company’s last major entity to be sold.