Undisclosed

Western Buys More Big George Acreage for $136.7M

Denver-based Western Gas Resources Inc. signed an agreement with an undisclosed seller to buy about 40,000 acres of coalbed methane (CBM) properties and related gathering assets in the Big George fairway of the Powder River Basin of Wyoming for $136.7 million.

February 17, 2006

Cook Inlet Energy Acquired by Macquarie Bank

Australian-based Macquarie Bank Group said Thursday it plans to acquire Los Angeles-based energy marketer Cook Inlet Energy Supply LLC for an undisclosed price. Founded in 1991, Cook Inlet provides physical natural gas trading, transportation and storage services to North American natural gas producers, utilities, wholesalers, and industrial end users.

October 21, 2005

Eni Acquires 104 North Slope Exploration Leases

Italy’s Eni SpA said Friday that it has acquired 104 exploration leases in northern Alaska from Armstrong Oil & Gas for an undisclosed amount. The portfolio, located both onshore and offshore in the Beaufort Sea along the Barrow Arch in the North Slope, includes two projects in the predevelopment stage and several defined exploration prospects, the producer said.

August 29, 2005

Pioneer Increases Onshore Holdings with $177M Purchase

Dallas-based Pioneer Natural Resources Co. has signed agreements worth $177 million with two undisclosed parties to purchase additional assets in two key U.S. onshore core areas, the Permian Basin and South Texas.

July 15, 2005

Nexen Readies for Oilsands Startup, Sells E&P Assets for C$946M

Calgary-based independent Nexen Inc. is finalizing agreements with four undisclosed buyers to sell conventional oil and gas properties in southeast Saskatchewan, northwest Saskatchewan, northeast British Columbia and the Alberta foothills for C$946 million (US$762 million) to pay down debt and get ready for startup of its 50%-owned Long Lake oilsands project late next year.

July 11, 2005

Nexen to Sell Canadian Properties for C$946M

Calgary-based independent Nexen Inc. is finalizing agreements with four undisclosed buyers to sell conventional oil and gas properties in southeast Saskatchewan, northwest Saskatchewan, northeast British Columbia and the Alberta foothills for C$946 million (US$762 million) to pay down debt and get ready for startup of its 50%-owned Long Lake oilsands project late next year.

July 7, 2005

Find Energy to Sell Saskatchewan Properties

Calgary-based Find Energy Ltd. said Tuesday that it will sell all of its properties in southeast Saskatchewan effective Wednesday for C$28.5 million to an undisclosed buyer. The deal is expected to close by June 30.

June 1, 2005

Paramount Adds Alberta Reserves, 48 MMcf/d of Production

Paramount Energy Trust (PET) purchased 104 Bcf of proved and probable gas reserves and 48 MMcf/d of northeastern Alberta natural gas production from an undisclosed seller for $290 million, boosting its own supply output by 40%. The deal is expected to close in May.

March 28, 2005

Edge Petroleum Increases E&P Acreage in Core South Texas

Houston-based independent Edge Petroleum said Monday it has completed Vista Nueva, a new exploration and development venture, with an undisclosed private company in its core South Texas operating area, giving it an exclusive option to secure leases on almost 47,000 acres and access to 81 square miles of 3-D seismic data. No financial details were disclosed.

February 15, 2005

Arena Acquires Permian Basin Property for $10.5 Million

Arena Resources Inc. said Tuesday that it has entered into an agreement with an undisclosed company to acquire oil and natural gas properties located in West Texas for $10.55 million, comprised of $9.5 million cash and 150,000 restricted shares of the company’s common stock, valued at $7 per share.

December 8, 2004
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