Shale and tight oil plays are key components of the North American portfolio of Norway’s Statoil ASA, executives told investors in New York City Wednesday. The company also has announced a farm-in agreement that gives it early entry into an Australian shale play.
Holdings
Articles from Holdings
Chesapeake Touts Anadarko Basin Discovery
Poking around in the Anadarko Basin in the Texas Panhandle and western Oklahoma above its Granite Wash holdings, Chesapeake Energy Corp. said Friday it made “a significant new discovery” of oil in the Hogshooter play.
June 4, 2012
Trio Seeks Shippers for Commonwealth Pipeline
Inergy Midstream LP, UGI Energy Services Inc. and Capitol Energy Ventures Corp., a unit of WGL Holdings Inc., are conducting a non binding open season for shippers to transport natural gas volumes on the proposed Commonwealth Pipeline, which would carry Marcellus and Utica Shale production to market.
May 8, 2012
Total, Red Leaf Partner to Test Oil Shale System in Utah
Red Leaf Resources Inc. has entered into a joint venture (JV) with a U.S. subsidiary of France’s Total SA to develop oil shale in the Uinta Basin in Utah.
April 23, 2012
Construction Worker Pleads Guilty to Damaging Chief’s Marcellus Pipeline
A man who worked briefly for a company that built a natural gas pipeline in Lycoming County, PA, for Chief Oil and Gas LLC has pleaded guilty to damaging the pipeline after the construction company fired him, according to the U.S. Attorney’s Office for the Middle District of Pennsylvania.
April 12, 2012
New Gulf Coast-Focused E&P Launched by Private Equity Giants
Private equity firms Apollo Global Management and Riverstone Holdings LLC took another bet in the energy sector on Wednesday by launching a Gulf Coast-focused exploration and production company with up to $600 million of equity commitments.
April 5, 2012
Eureka Hunter’s $58.5M TransTex Acquisition Fortifies Midstream Business
One day after Magnum Hunter Resources Corp. agreed to sell $100 million of convertible preferred units in subsidiary Eureka Hunter Holdings LLC to an affiliate of ArcLight Capital Partners LLC, the producer announced Thursday that $58.5 million of the proceeds would be used by Eureka Hunter to acquire natural gas treating company TransTex Gas Services LP, a privately held company based in Houston.
March 23, 2012
Trio Plans Marcellus Takeaway Pipeline
Inergy Midstream LP, UGI Energy Services Inc. and Capitol Energy Ventures Corp., a unit of WGL Holdings Inc., plan to develop the Commonwealth Pipeline to carry Marcellus Shale production to market.
March 2, 2012
MF Global Implosion Puts Spotlight on Regulatory Gaps
Shocking details surrounding the surprise bankruptcy of securities firm giant MF Global Holdings Ltd. were coming to light last week after the company turned in its Chapter 11 papers Monday following an ill-timed bet on the European debt markets.
February 6, 2012
Marubeni Adds Eagle Ford Stake to Shale Portfolio
A unit of Japan’s Marubeni Corp. has struck a deal to acquire a 35% stake in Dallas-based Hunt Oil Co.’s Eagle Ford Shale holdings. Marubeni pledged Friday to grow its stake in shales, in the United States and around the world.
January 9, 2012
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