Oil Shale News

LINN Agrees to Trade With Exxon of its Permian Basin
United States >> 5/21/2014 - LINN Energy, LLC has signed a definitive agreement to trade a portion of its Permian Basin properties to Exxon Mobil Corporation and its wholly owned subsidiary XTO Energy Inc. (collectively, "ExxonMo...
Sanchez Doubles Production of Eagle Trend
United States >> 5/21/2014 - Sanchez Energy Corporation announced a definitive agreement with an effective date of January 1, 2014 to purchase operated assets to be named Catarina in the Eagle Ford trend of South Texas from wholl...
Mountainview Provides Operational Updates
United States >> 5/20/2014 - Mountainview Energy Ltd. provides an operational update on its two-well drilling program. ...
AWE Provides Major Upgrade to Sugarloaf Reserves & Resources
United States >> 5/20/2014 - AWE Limited has increased its booked Reserves and Contingent Resources for the Sugarloaf Area of Mutual Interest (“AMI”), located in the Eagle Ford unconventional shale play in Texas, USA, following a...
Stratex Oil & Gas Provides Operations Update
United States >> 5/19/2014 - Stratex Oil & Gas Holdings, Inc. is pleased to provide the following operational update. ...
Armada Agrees for Third Tranche of Funding with Gulfstar
United States >> 5/19/2014 - Armada Oil, Inc., an oil and gas exploration and production company, is pleased to announce that it has entered into an agreement with Gulfstar Resources, LLC (“Gulfstar”), a private energy investment...
Lucid Begins Construction of New Cryogenic Processing Plant
United States >> 5/19/2014 - Lucid Energy Group, LLC has purchased a new cryogenic processing plant that will be located 10 miles southeast of the town of Big Lake in Reagan County, Texas. This strategic location is in the heart ...
Hess to Celebrate Expansion of Tioga Gas Plant
United States >> 5/19/2014 - Hess Corporation was joined by Governor Jack Dalrymple, Senator John Hoeven and a host of other government officials to commemorate the recently completed expansion of the Tioga Gas Plant, which more ...
Panhandle to Purchase Eagle Ford Assets
United States >> 5/15/2014 - PANHANDLE OIL AND GAS INC. has signed an agreement to purchase a 16% non-operated working interest in 11,100 gross leasehold acres (1,775 net acres) located in the core of the Eagle Ford Shale oil w...
Martin Acquires Certain Subsidiaries of Atlas Pipeline
United States >> 5/14/2014 - Martin Midstream Partners L.P. has closed its previously announced acquisition of all of the outstanding membership interests in Atlas Pipeline NGL Holdings, LLC and Atlas Pipeline NGL Holdings II, LL...
Vitesse Oil and Vitesse Energy Acquire 3,625 Net Acres in Williston Basin
United States >> 5/14/2014 - Vitesse Oil, LLC and Vitesse Energy, LLC announced the acquisition of non-operated oil and gas assets in the Williston Basin from a private seller consisting of a working interest in over 250 wells an...
Triangle Acquires Williston Basin Properties
United States >> 5/14/2014 - Triangle Petroleum Corporation has entered into two separate definitive agreements to acquire Williston Basin properties ("Acquisitions"), and received bank commitments for 100% financing of the acqui...
Petrel & Bernum Seek Interest for Cardium assets
Canada >> 5/13/2014 - Petrel and its Lochend Cardium Joint Venture partner, Bernum Petroleum Ltd, have engaged Macquarie Capital Markets Canada Ltd. to seek proposals for the sale of their Lochend Cardium assets.
Utica East Ohio Provides Major Expansion
United States >> 5/12/2014 - Access Midstream Partners, L.P. announced a major expansion of the Utica East Ohio (UEO) midstream service complex in eastern Ohio. The expansion will increase UEO's nameplate capacity to 1 billion cu...
Citadel Acquires Five Freshwater Wells
United States >> 5/8/2014 - Citadel Energy Services, LLC has acquired five commercial freshwater wells in McKenzie County, North Dakota. All five of these freshwater wells are located in one of the busiest counties of the Bakken...
U.S. Energy Enters Into Participation Agreement in South Texas
United States >> 5/8/2014 - U.S. Energy Corp. has entered into a Participation Agreement covering lands in Dimmit County, Texas with a private South Texas based oil and gas company (the "Seller"). ...
FCX Agrees to Sell Eagle Ford Interests for $3.1 Billion
United States >> 5/7/2014 - Freeport-McMoRan Copper & Gold Inc. has entered into a definitive purchase and sale agreement to sell its Eagle Ford Shale assets for $3.1 billion to a subsidiary of Encana Corporation (Encana) FCX es...
Sabine and Forest Oil Define Merger Agreement
United States >> 5/6/2014 - Sabine Oil & Gas LLC and Forest Oil Corporation (”Forest”), announced the signing of a definitive merger agreement under which Sabine and Forest will combine their businesses in an all-stock transac...
Swift and PT Agrees to Jointly Develop Eagle Ford Acreage
United States >> 5/6/2014 - Swift Energy Company (“Swift Energy”) and PT Saka Energi Indonesia (“Saka”) announced that U.S. subsidiaries of Swift Energy and Saka have executed definitive agreements to fully develop approximate...
WPX to Sell Certain Working Interests for $355 Million
United States >> 5/6/2014 - WPX Energy signed an agreement to sell a working interest in certain of its existing Piceance Basin wells to Legacy Reserves LP, a Midland-based master limited partnership, for $355 million cash subje...

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