Interests

People

Marathon Oil Corp. COO David E. Roberts Jr. resigned effective Friday (Dec. 14) to “pursue other interests,” according to the company. Since joining the Houston-based producer in 2006, Roberts had been considered an important contributor to the upstream business. He was named senior vice president for business development and was promoted in 2008 to executive vice president of upstream, overseeing upstream and production. Roberts became COO when the company spun off its refining operations last year to become a pure-play explorer and was said to be on the short list to succeed CEO Clarence Calazot, 62. The company declined to offer further details.

December 17, 2012

Illinois Joins Shale Bandwagon with Bullish Report

The potential of the New Albany Shale is still unproven, industry officials said.

December 17, 2012

People

Marathon Oil Corp. COO David E. Roberts Jr. has resigned effective Friday (Dec. 14) to “pursue other interests,” according to the company. Since joining the Houston-based producer in 2006, Roberts had been considered an important contributor to the upstream business. He was named senior vice president for business development and was promoted in 2008 to executive vice president of upstream, overseeing upstream and production. Roberts became COO when the company spun off its refining operations last year to become a pure-play explorer (see Daily GPI, July 1, 2011). He was said to be on the short list to succeed CEO Clarence Calazot, 62. The company declined to offer further details.

December 11, 2012

Obama Re-Election Puts Target on Energy, Say Execs

Following the presidential election, a big target is on the backs of oil and gas interests, according to a panel of industry experts.

November 19, 2012

With Obama Re-Elected, Big Target on Energy, Say Execs

Following the presidential election, a big target is on the backs of oil and gas interests, according to a panel of industry experts.

November 16, 2012

EPL, W&T Build GOM Portfolios

EPL Oil & Gas Inc. last week agreed to pay $550 million to a unit of Hilcorp Energy Co. for a package of shallow water Gulf of Mexico (GOM) shelf oil and natural gas interests. W&T Offshore Inc. also built it GOM portfolio last week, after agreeing to pay $228 million to acquire all of Newfield Exploration Co.’s remaining properties in the GOM, a 78-block inventory that covers more than 430,000 gross acres.

September 24, 2012

San Juan’s Mancos Generates Some Excitement

Calgary-based Encana Corp. and Denver-based Bill Barrett Corp. are stirring up interest in New Mexico’s San Juan Basin, where they are working separately with area drillers to explore in the Mancos Shale.

September 19, 2012

EPL Pays $550M for Central GOM Package

EPL Oil & Gas, Inc. said Monday it will pay $550 million to a unit of Hilcorp Energy Co. for a package of shallow water Gulf of Mexico (GOM) shelf oil and natural gas interests.

September 18, 2012

NorthWestern Buys into Montana Bear Paw Basin

Sioux Falls, SD-based NorthWestern Energy Corp. on Tuesday said it has purchased operating and nonoperating natural gas production interests in Montana’s Bear Paw Basin from privately held, Houston-based NFR Energy LLC.

September 5, 2012

Shale Gas: An Opportunity Wrapped in a Dilemma

Low prices have made dry gas from shales a producers’ problem and an end-user’s dream. But interests at both ends of the market do agree that the right gas price — the equilibrium price — would make shale gas a boon for the country.

August 27, 2012