TC Energy Corp. announced Tuesday that it expects to raise C$1.15 billion ($860 million) for pipeline growth projects with the sale of assets in northern Alberta oilsands production network.
Articles from sale
Privately held EdgeMarc Energy Holdings LLC said Wednesday it has filed for Chapter 11 bankruptcy protection in order to sell all of its Appalachian assets after a pipeline explosion last year in western Pennsylvania stranded production from its core assets.
PDC Energy Inc. has reached agreements to sell a substantial portion of its midstream assets in the Permian Basin for about $310 million in separate transactions expected to close in the coming months.
Tulsa-based pipeline giant Williams said Thursday it has sold some pipeline systems in the Gulf Coast area to Easton Energy LLC for $177 million.
The November oil and gas lease sale held by the New Mexico State Land Office established an all-time record for revenue, reaching $43.2 million. The previous monthly record was $30.03 million set in July 2017. Katy TX-based Percheron Energy was the high bidder in sealed bids, obtaining 1,999.31 acres in Lea, Chaves and McKinley counties. All but one tract was sold, with one tract receiving no bids and a second tract withdrawn. Nine bidders combined for the total proceeds, with an average per-acre price of $5,431.88. Thirty-two bidders from eight states participated.
QEP Resources Inc. has secured a deal to sell its Montana and North Dakota assets in the Williston Basin to Vantage Energy Acquisition Corp.
Dominion Energy said it has sold its interest in two combined-cycle gas turbine (CCGT) facilities and a hydroelectric project in two separate transactions to an affiliate of Starwood Capital Group Global LP for $1.32 billion.
SandRidge Energy Inc. said it plans to continue developing its assets in Colorado, the Mississippian Lime and the Midcontinent after the board determined that multiple offers for a merger or a sale fell short of expectations.