Properties

Range Sells Royalty Interest in Core Appalachia Properties for $300M

Range Resources Corp. said late Monday it sold a 1% overriding royalty interest in its leases for core properties in Southwest Pennsylvania for $300 million to an undisclosed buyer as part of ongoing efforts to reduce leverage.

October 16, 2018

Carbon Natural Gas Forms Southern Appalachia-Focused Company

Denver-based Carbon Natural Gas Company (CRBO), which operates oil and natural gas wells in the Appalachian and Illinois basins, has formed a new entity with two undisclosed institutional investors to develop and acquire assets in Southern Appalachia.

April 4, 2017

Callon Stocking Up in West Texas, Nearly Doubling Permian Running Room

Callon Petroleum Co. said late Tuesday it is acquiring close to 16,000 net acres, 192 net locations and 2,884 boe/d in private transactions that will nearly double its position in the Permian Basin of Texas.

April 20, 2016

Callon Stocking Up in West Texas, Nearly Doubling Permian Running Room

Callon Petroleum Co. said late Tuesday it is acquiring close to 16,000 net acres, 192 net locations and 2,884 boe/d in private transactions that will nearly double its position in the Permian Basin of Texas.

April 20, 2016

QEP Makes Three-Way Deal to Sell Midcon, Williston Leaseholds

Four onshore operators on Tuesday were dividing up a bundle of properties in the Midcontinent and Williston Basin being sold by a unit of QEP Resources Inc.

May 7, 2014

Encana Offloads More U.S. NatGas Property

Encana Corp. is selling close to 90,000 net acres of natural gas-rich properties in the Deep Bossier play of East Texas for $530 million, the company said Tuesday.

April 29, 2014
EV Energy Partners Bolting On More Barnett Acreage

EV Energy Partners Bolting On More Barnett Acreage

EV Energy Partners LP (EVEP) and partnerships managed by EnerVest Ltd. have agreed to acquire Barnett Shale natural gas properties from Carrizo Oil and Gas Inc.

September 10, 2013

Gastar Sharpens Hunton Limestone Focus with Sale

Gastar Exploration Ltd. is selling about 76,000 net acres in Kingfisher and Canadian counties in Oklahoma for $62 million and also agreed to swap acreage with the undisclosed buyer so that both might concentrate their positions, the company said Tuesday.

July 5, 2013

Industry Brief

Double Eagle Energy Holdings and private equity firm Apollo Global Management have formed a partnership to invest in oil and natural gas properties in Oklahoma, focusing primarily on the Anadarko and Ardmore basins. Fort Worth, TX-based Double Eagle already has more than 500,000 acres across Texas and the Midcontinent, according to Co-CEO Cody Campbell. The partnership with Apollo “will provide a great opportunity to expand and continue our land-centered approach to oil and gas asset acquisition, which has proven successful over the last several years,” he said. Last year, Apollo led a consortium of private equity investors in a $7.15 billion leveraged buyout of El Paso Corp.’s exploration and production business, which included an array of liquids-rich U.S. unconventional property extending across Texas, Louisiana, the Raton Basin and the Rocky Mountains (see Shale Daily, Feb. 28, 2012).

April 30, 2013

Unconventional Opportunities Still Open in North America, Says Tudor

North American oil and natural gas producers are in the “middle to latter stages of the land grab” for unconventional properties, but there still will be opportunities down the road for others to pitch a claim, said Tudor, Pickering, Holt & Co. Inc.’s (TPH) Bobby Tudor.

March 11, 2013
‹ Previous 1 2 3 11