Tag / Swap

Subscribe

Swap

Precision Adds Rigs, Canadian Workforce in Asset Swap With Essential Energy

Calgary-based operators Precision Drilling Corp. and Essential Energy Services Ltd. have agreed to swap some oilfield service assets, which would expand Precision’s rig operations and workforce in Canada while Essential would add coil tubing and pumping services.

December 14, 2016

CFTC Moves to Protect Energy End-Users From ‘Unintended Consequences’ of Dodd-Frank

The Commodity Futures Trading Commission (CFTC) has taken action on three issues that Chairman Mark Wetjen said will have a lasting impact on energy-end users that may have fallen victim to “negative, unintended consequences” of the Dodd Frank Financial Reform Act.

May 27, 2014

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

Statoil, ConocoPhillips Swap Stakes in Alaska, Deepwater GOM

In a swap of sorts, Norway’s Statoil ASA is buying a quarter interest in 50 of ConocoPhillips’ leases in the Chukchi Sea offshore Alaska. In turn, the Houston-based producer would take a stake in some of Statoil’s leases in the Lower Tertiary Trend of the Gulf of Mexico (GOM). No financial details were disclosed.

January 26, 2010

Statoil, ConocoPhillips Swap Stakes in Alaska, Deepwater GOM

In a swap of sorts, Norway’s Statoil ASA is buying a quarter interest in 50 of ConocoPhillips’ leases in the Chukchi Sea offshore Alaska. In turn, the Houston-based producer would take a stake in some of Statoil’s leases in the Lower Tertiary Trend of the Gulf of Mexico (GOM). No financial details were disclosed.

January 26, 2010

FERC Warns CFTC: Don’t Tread on RTOs, ISOs

FERC has warned the Commodity Futures Trading Commission (CFTC) against trying to extend its jurisdiction to include trading of derivative transactions within regional transmission organizations (RTO) and independent system operators (ISO).

November 16, 2009

CME-Citadel JV Nears Clearing of Credit Default Swaps

Global futures exchange CME Group has gotten the green light from two regulators to begin clearing over-the-counter (OTC) credit default swap (CDS) transactions through CMDX, a joint venture company with Chicago-based Citadel Investment Group. Regulatory reviews by the Federal Reserve Bank of New York and the Commodity Futures Trading Commission (CFTC) are complete, and the last hurdle — approval by by the Securities and Exchange Commission (SEC) — is expected soon.

January 5, 2009

Continental Adds New Mexico Gas Customers in $620M PNM Deal

PNM Resources and a subsidiary of Continental Energy Systems last week announced a swap that would dramatically build Continental’s natural gas operations and allow PNM to give full attention to its electric utilities in New Mexico and Texas.

January 21, 2008

Continental Adds New Mexico Gas Customers in $620M PNM Deal

PNM Resources and a subsidiary of Continental Energy Systems announced a swap Tuesday that would dramatically build Continental’s natural gas operations and allow PNM to give full attention to its electric utilities in New Mexico and Texas.

January 16, 2008

Gazprom Swaps Pipeline Gas in Europe for LNG Cargo Delivery to Cove Point

In a four-company transaction announced Wednesday, Russia’s Gazprom completed its first swap of pipeline gas for an LNG cargo with Gaz de France, Med LNG & Gas and Shell. Under the deal, Gazprom will deliver additional pipeline gas to Gaz de France in Europe and in return will purchase an LNG cargo from Med LNG & Gas, a joint venture of Gaz de France and Sonatrach. The LNG cargo is being sold to Shell Western LNG for delivery to the Cove Point import terminal in Maryland, in early December.

November 28, 2005
‹ Previous 1 2 3