Tuesday, October 14, 2025

FourPoint Energy buying well assets from Chesapeake Subsidiaries for $840 million

Story by the Associated Press FourPoint Energy LLC will buy oil and gas assets from Chesapeake Exploration LLC and CHK Cleveland Tonkawa LLC for about $840 million. The sellers are subsidiaries of Oklahoma City-based Chesapeake Energy Corp. The deal will unfold in three related transactions with incremental and contingent payments to the companies’ preferred interest owners, GSO Capital Partners LP.

New York’s 30 Rock just got a new name

The iconic 30 Rock building will now be known as the Comcast Building. The new name may not sound as cool, but the building does get a colorful peacock to help illuminate New York’s skyline. Located at 30 Rockefeller Plaza in Midtown Manhattan, the iconic New York City skyscraper will light up Wednesday evening with its new corporate name. The

ZaZa Energy Announces Proved Reserves

Source: ZAZA 8-K Filing On July 1, 2015, ZaZa Energy Corporation (the “Company” or “ZaZa Energy” ) issued a press release announcing the Company’s estimated total proved reserves at July 1, 2015 (the “Reserves Release”). The Reserves Release contains certain non-GAAP financial information. The reconciliation of such non-GAAP financial information to GAAP financial measures is included in the Reserves Release.

Core Laboratories’ Announces Date of Second Quarter 2015 Webcast

Core Laboratories (NYSE: “CLB US” and NYSE Euronext: “CLB NA”) will broadcast its second quarter 2015 conference call over the Internet at 7:30 a.m. CDT / 2:30 p.m. CEST on July 23, 2015. David Demshur, CEO, Richard Bergmark, CFO, Monty Davis, COO, and Chris Hill, CAO will discuss financial and operating results. An earnings press release will be issued after

Energy XXI Closes $266 Million in Asset Sales, Updates Operations

Liquidity Pushing $1 Billion Energy XXI (ticker: EXXI) announced its second asset sale in the last 10 days in a company press release on July 1, 2015. The Gulf Coast operator closed on its East Bay Field for $21 million and will retain a 5% overriding royalty interest for no more than five years, along with a 50% interest for

ONEOK Raises $277 Million

ONEOK Partners Raises Approximately $277 Million Through ATM Equity Program  ONEOK Partners, L.P. (OKS) today announced that it sold approximately 7.2 million common units totaling approximately $277 million through its at-the-market equity program (ATM program) in the first half of 2015. The common units sold throughout the year and the contributions from ONEOK, Inc. to maintain its 2 percent general

Oil and Gas Prices - Oil & Gas 360

Alvopetro Announces Block 182 Discovery

Alvopetro Announces Block 182 Discovery Alvopetro Energy Ltd. (TSX VENTURE:ALV) is pleased to announce that our 182(B1) well, located on Block 182 in the Recôncavo basin in the State of Bahia, Brazil, has discovered hydrocarbons. The 182(B1) well reached a total measured depth of 2,095 metres. While drilling, inflows of oil and solution gas were experienced into the wellbore from

TransCanada

Keystone XL: New Environmental Regulations May Help the Case for 830 MBOPD Pipeline

Stricter environmental standards further show Keystone XL will not ‘significantly exacerbate’ climate change TransCanada (ticker: TRP) sent a letter to U.S. Secretary of State John Kerry and the U.S. State Department asking them to include Canada’s stricter stance on greenhouse gas (GHG) emitters in its review of the Keystone XL pipeline. Recent climate policy announcements from both the federal government

Comstock Resources, Inc. Announces Divestiture of Burleson County Properties

Comstock Resources, Inc. (“Comstock” or the “Company”) (CRK) announced that it has entered into a definitive purchase and sale agreement with a private company to sell Comstock`s oil and gas properties in and around Burleson County, Texas for a sale price of approximately $115.0 million, subject to customary adjustments. The sale, which is subject to customary closing conditions, is expected

Hess Completes Sale, Establishes Bakken Midstream Joint Venture Valued at $5.35 Billion

Hess Corporation (HES) today completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion. As planned, Hess and Global Infrastructure Partners have created a premier midstream joint venture — Hess Infrastructure Partners. The joint venture has incurred $600 million of debt through a 5-year Term

OPEC

OPEC Production Hits a Three Year High

OPEC June production hits 31.60 MMBOPD on the back of increased Iraq output OPEC continued to produce well above its target of 30 MMBOPD in June, according to information compiled by Reuters. The information, based on shipping data and information from sources at oil companies, OPEC and consultants, suggest that OPEC produced 31.60 MMBOP in June, the highest output the