Gastar Exploration Inc. said it plans to spud a second test well targeting the Meramec formation within Oklahoma’s stacked shale plays after encouraging results from its first test well showed the formation extended farther to the northeast than previously thought.
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Range Sells Nora CBM Assets For Less; Now Marketing Oklahoma STACK Acreage
Range Resources Corp. said late Wednesday that it closed a deal to sell its coalbed methane assets in Virginia’s Nora Field, receiving $865 million in proceeds — $11 million less than what it announced when the company entered the agreement in November.
December 31, 2015
Devon Doubles PRB Position, Joins EnLink to ‘Stack’ Opportunities in Oklahoma
Devon Energy Corp. on Monday paid $2.5 billion to tack on 80,000 net surface areas in Oklahoma’s emerging stacked reservoirs and double its position in the Powder River Basin, two onshore areas that CEO Dave Hager said were among the best in North America.
December 7, 2015
Continental Reducing Costs, Improving Output From Bakken, Oklahoma Reservoirs
Tulsa-based Continental Resources Inc. senior executives on Thursday presented an optimistic view of increasing onshore production and decreasing costs, although the company also saw more red ink in the third quarter.
November 6, 2015
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