Sunday, May 11, 2025

ConocoPhillips Grabs Acreage in Alaska

By Tyler Losier, Energy Reporter, Oil & Gas 360 ConocoPhillips Alaska (stock ticker: COP) has forged an agreement with Caelus Natural Resources Alaska, a small, private E&P, to acquire 100% of Caelus’s holding in the Nuna discovery. The land in question is located just east of the Colville river, approximately five miles southwest of the Oooguruk field. The purchase will

E&P Merger in the STACK

By Tyler Losier, Energy Reporter, Oil & Gas 360 Chisholm Oil and Gas to combine with Gastar Exploration Chisholm Oil and Gas LCC, backed by Apollo Global Management (stock ticker: APO), has entered into a definitive merger agreement with Gastar Exploration LLC, owned by private equity firm Ares Management Corporation (stock ticker: ARES).   Source: Gastar The combined company will