Lookout

Bill Barrett Corp. executives said Wednesday the company will be on the lookout for acquisition opportunities during the year, primarily in the company’s traditional backyard of the Rocky Mountains, but outside the Rockies, “we’ll take a look at it,” CEO Fred Barrett told financial analysts.

The Canadian subsidiary of Dallas-based Pioneer Natural Resources Co. has signed a definitive agreement to sell its Martin Creek, Conroy Black and Lookout Butte oil and gas properties to Ketch Resources Ltd. for $207 million. The transaction is expected to close by May 31.

The Canadian subsidiary of Dallas-based Pioneer Natural Resources Co. has signed a definitive agreement to sell its Martin Creek, Conroy Black and Lookout Butte oil and gas properties to Ketch Resources Ltd. for $207 million. The transaction is expected to close by May 31.

On the lookout for new business opportunities, about 100 Texas regulators and producers last month continued their courtship with Mexican energy officials. The first priority was to find ways for the state’s producers to expand their businesses into Mexico. However, as the state’s mature fields decline and natural gas needs continue to escalate, the Texas delegation also was working to line up a potential energy supplier for the future.

On the lookout for new business opportunities, about 100 Texas regulators and producers last week continued their courtship with Mexican energy officials. The first priority was to find ways for the state’s producers to expand their businesses into Mexico. However, as the state’s mature fields decline and natural gas needs continue to escalate, the Texas delegation also was working to line up a potential energy supplier for the future.