E&P

Natural Resource Partners LP (NRP) has agreed to pay Kaiser-Francis Oil Co. $340 million to increase its oil and gas holdings in the Bakken/Three Forks formation of the Williston Basin.

The Pennsylvania Emergency Management Agency (PEMA) has been ordered to release detailed information about crude oil rail shipments throughout the state from North Dakota’s Bakken Shale after three news media organization’s requested the disclosures over the summer.

The third quarter proved to be a quiet period for global oil and gas merger and acquisition (M&A) transactions compared to the previous three months of this year, but 2014 continues on track for stronger spending than in 2013 on the strength of U.S. dealmaking, specifically because of the Permian Basin.

Global equipment manufacturer Dover Corp. is making a deal to buy artificial lift specialist Accelerated Cos. LLC to expand its reach in the U.S. unconventional drilling market.

WPX Energy Inc. should be able to put more muscle into its western onshore prospects after it receives an expected $294 million following a merger of international subsidiary Apco Oil and Gas International and privately held Pluspetrol Resources Corp., analysts said Friday.

Pennsylvania Department of Environmental Protection (DEP) Secretary Christopher Abruzzo, along with the agency’s top attorney, resigned on Thursday following a rapidly unfolding scandal involving sexually explicit emails that were exchanged among dozens of former and current staffers in the state attorney general’s office.

Linn Energy LLC struck two deals to sell assets in Texas for gross proceeds of $2.3 billion, which will be used to pay for a recent acquisition, the company said Friday.

The West Virginia Department of Commerce is evaluating bids from several exploration and production (E&P) companies interested in valuable mineral rights below the Ohio River in the northern part of the state.

Two of the biggest onshore operators in the United States, Anadarko Petroleum Corp. and EOG Resources Inc., will disclose information on the financial risks posed to their investors associated with hydraulic fracturing (fracking) under an agreement reached Friday with the New York Office of the Attorney General (OAG). The settlement comes on the heels of ExxonMobil Corp.’s first unconventional drilling risk report, which was issued voluntarily to investors this week.