Positions

Noble Energy Inc. has agreed to sell oil and natural gas properties in Kansas, including about 250 producing wells on approximately 14,000 net acres, to an affiliate of Citation Oil & Gas Corp. for $140 million as part of an ongoing divestiture plan, the Houston-based company said Monday.

Pacific Gas and Electric Co. (PG&E) plans to expand its natural gas work force in California by 1,400 positions and centralize overall control of its nearly 50,000 miles of transmission and distribution pipelines by 2015, according to a 45-page plan the San Francisco-based combination utility has filed with state regulators.

Pacific Gas and Electric Co. (PG&E) plans to expand its natural gas work force by 1,400 positions and centralize overall control of its nearly 50,000 miles of transmission and distribution pipelines by 2015, according to a 45-page plan the San Francisco-based combination utility filed Friday with state regulators.

ExxonMobil Corp. and Russia’s OAO Rosneft on Friday clinched a partnership agreement to develop oil reserves in tight, low-permeability formations in Western Siberia using advanced drilling technologies that ExxonMobil has employed successfully in North America’s onshore.

Eagle Ford operator Paloma Partners II LLC revealed on Wednesday that it is being taken over by Marathon Oil Corp. for $750 million in cash.

Chesapeake Energy Corp. and CEO Aubrey K. McClendon have been notified by the Securities and Exchange Commission (SEC) that the Fort Worth, TX, regional office has begun an informal inquiry and “requested that the company and Mr. McClendon retain certain documents,” the company said after the stock market closed on Thursday.

A quartet of nominees for positions at FERC, the Energy Information Administration (EIA) and the Interior Department appeared before the Senate Energy and Natural Resources Committee Tuesday to answer questions about hydraulic fracturing (fracking) and other issues as part of their confirmation process.

Newfield Exploration Co. said that in 2012 it will devote more of its capital expenditure (capex) program and boost production in natural gas liquids (NGL) and oil — at the expense of natural gas — as it looks to become an oil-weighted company by 2013.

GeoSouthern Energy Corp. will use the proceeds from a $1 billion credit facility that closed Thursday to continue the development of its 173,000 gross acre position in the condensate and oil windows of the Eagle Ford Shale in South Texas, the privately held independent exploration and production company said.