Mergers & Acquisitions

Testing, Tweaking Completion Technologies Top of Mind for E&Ps at EnerCom’s The Oil & Gas Conference 19®

A few themes are emerging as companies present their stories at EnerCom’s The Oil & Gas Conference 19® in Denver this week.

There is no question all the E&P companies are focused on finding, testing and developing the best science …

Shell Divests Pinedale and Haynesville, Adds 155,000 Net Acres in the Marcellus and Utica

Royal Dutch Shell (ticker: RDS.A) is shifting around its U.S. onshore assets.

Yesterday, the company announced it will acquire 155,000 net acres in the Pennsylvania Marcellus and Utica from Ultra Petroleum (ticker: UPL). Ultra agreed to pay Shell $925 million …

MLPs are All the Rage in Growing Oil & Gas Industry

MLPs are All the Rage in Growing Oil & Gas Industry

Rice Energy (ticker: RICE) announced the intent to form a master limited partnership (MLP) prior to its Q2’14 earnings release on August 11, 2014. The announcement comes less than seven months after Rice closed its initial public offering in January …

Bellatrix Exploration on Track to Maintain 100% Year-over-Year Growth

Bellatrix Exploration on Track to Maintain 100% Year-over-Year Growth

Bellatrix Exploration Ltd. (ticker: BXE) is a Calgary-based E&P operating in the Western Canada Sedimentary Basin. The majority of operations are focused on the Cardium tight oil play in Alberta – an area that has boosted production rates tenfold since …

Breitling Energy: A Land Royalty Company Moves Into Operations

Breitling Energy Corporation (ticker: BECC) is focused on the acquisition, exploration and development of lower risk onshore plays in the United States. The Dallas, Texas-based company primarily targets the Permian Basin and Mississippi oil window through its properties in Texas, …

Will Voters Kill Colorado’s Golden Goose?

Will Voters Kill Colorado’s Golden Goose?

August 4 is the deadline for two citizens’ groups that are attempting to collect the signatures required to land two statewide ballot proposals on the November ballot. If successful, they would give voters the power to inhibit Colorado’s future oil

Marcellus/Utica Growth Continues for Rice Energy; Adds 22,000 Net Acres from Chesapeake

Marcellus/Utica Growth Continues for Rice Energy; Adds 22,000 Net Acres from Chesapeake

Rice Energy (ticker: RICE) is an independent natural gas and oil company engaged in the acquisition, exploration and development of hydrocarbons in the Appalachian Basin. The company filed its initial public offering in January 2014. Approximately 33% of the company’s …

PetroQuest Energy Sets Another Company Record in Cotton Valley; Agrees on Joint Venture with Midstates Petroleum

PetroQuest Energy Sets Another Company Record in Cotton Valley; Agrees on Joint Venture with Midstates Petroleum

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow Gulf of Mexico. The company has …

ExxonMobil Opens at Lifetime High, Holding onto Gas Opportunities from 2010 XTO Merger

ExxonMobil Opens at Lifetime High, Holding onto Gas Opportunities from 2010 XTO Merger

ExxonMobil (ticker: XOM) is the largest publicly traded international oil and gas company, with an estimated 25.2 billion BOE of reserves in its 2013 year-end report. The company has a market cap of approximately $441 billion and is the …

Range Resources Completes Acreage Swap with EQT Corp., Assumes Full Working Interest of Nora Field in Virginia

Range Resources Completes Acreage Swap with EQT Corp., Assumes Full Working Interest of Nora Field in Virginia

Range Resources Corporation (ticker: RRC) is a leading independent oil and natural gas producer with operations focused in Appalachia and the southwest region of the United States. The company has line-of-sight growth of 20% to 25% and was producing more …

Energy XXI’s Pro Forma Platform for Growth

Energy XXI’s Pro Forma Platform for Growth

Energy XXI (ticker: EXXI) is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company finalized the acquisition of EPL Oil & Gas on June 3,

Samson Oil & Gas CEO Terry Barr Discusses Ongoing North Stockyard Project, DJ Basin Exploratory Well

Samson Oil & Gas CEO Terry Barr Discusses Ongoing North Stockyard Project, DJ Basin Exploratory Well

Samson Oil & Gas Limited (ticker: SSN) is an independent oil and gas company with dual listings on the Australian ASX and the NYSE. All of the company’s assets and operations are based in the United States, with a current …

Torchlight Energy Awaits Further Results from Hunton JV; Expects 90 Gross Wells in Production by Year-End 2014

Torchlight Energy Awaits Further Results from Hunton JV; Expects 90 Gross Wells in Production by Year-End 2014

Torchlight Energy Resources (ticker: TRCH) is a high growth oil and gas exploration and production company with a primary focus on acquisition and development of domestic oil fields. The company’s strategy has been to farm-out operations to third parties and …

CAMAC Energy – Notes from the Road

CAMAC Energy – Notes from the Road

EnerCom traveled with CAMAC Energy to meet with investors in New York City during May 2014. Click here for the company’s latest presentation.

CAMAC Energy Inc. (ticker: CAK) is a Houston-based oil and gas company engaged in the exploration …

May 29, 2014 - 5:04 pm Mergers & Acquisitions, Oil and Gas 360 Articles
Sanchez Energy Doubles Eagle Ford Asset Base in $639 Million Transaction

Sanchez Energy Doubles Eagle Ford Asset Base in $639 Million Transaction

Sanchez Energy Corporation (ticker: SN), based in Houston, Texas, announced a landmark acquisition in its Eagle Ford focus area on May 21, 2014. Sanchez will acquire 106,000 contiguous net acres in the Dimmit, LaSalle and Webb Counties of Texas from …

An OAG360® Exclusive Interview: PDC Energy Discusses Organic Growth Drivers in Its Wattenberg and Utica Programs

An OAG360® Exclusive Interview: PDC Energy Discusses Organic Growth Drivers in Its Wattenberg and Utica Programs

Denver-based PDC Energy (ticker: PDCE) is an independent oil and natural gas company that operates in Colorado’s liquid-rich Wattenberg Field and the Appalachian Basin including the emerging liquid-rich Utica Shale play in Ohio and the dry-gas Marcellus Shale in West …

VAALCO Energy: An Introduction to this West Africa Oil Producer

VAALCO Energy: An Introduction to this West Africa Oil Producer

VAALCO Energy, Inc. is a Houston based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil.  VAALCO places high emphasis on international opportunities and holds acreage in Gabon, Angola and Equatorial Guinea in West …

Penn Virginia Accelerating Downspacing Program in the Eagle Ford, Nearing 2,000 Drilling Locations

Penn Virginia Corporation (ticker: PVA) is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions, including Texas, Oklahoma, Mississippi and Pennsylvania – however, the company …

Oasis Petroleum Increasing Williston Rates; New Completion Thinking Increases Production 25% in Key Operating Areas

Oasis Petroleum Increasing Williston Rates; New Completion Thinking Increases Production 25% in Key Operating Areas

Oasis Petroleum Inc. (ticker: OAS) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources, primarily operating in the Williston Basin as a pure play Bakken E&P. The company holds …

CAMAC Energy Nears Start of Oyo Field Production, Expects 14 MBOEPD by End of 2014

CAMAC Energy Nears Start of Oyo Field Production, Expects 14 MBOEPD by End of 2014

CAMAC Energy Inc. (ticker: CAK) is a Houston-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The company is preparing to develop and exploit two separate wells in the Oyo …

May 12, 2014 - 5:00 pm Mergers & Acquisitions, Oil and Gas 360 Articles
PetroQuest Increases Quarterly Revenue and Sales; Woodford Project Continues to Exceed Company Expectations

PetroQuest Increases Quarterly Revenue and Sales; Woodford Project Continues to Exceed Company Expectations

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow Gulf of Mexico.

The company has …

Whiting Petroleum Increasing Downspacing Program in the Redtail; Coiled Tubing Boosting IP Rates

Whiting Petroleum Increasing Downspacing Program in the Redtail; Coiled Tubing Boosting IP Rates

Whiting Petroleum Corporation (ticker: WLL) is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in Williston Basin and Permian Basin regions of the United States. The …

Energy XXI Transitioning to Growth Phase with EPL Acquisition

Energy XXI Transitioning to Growth Phase with EPL Acquisition

Energy XXI (ticker: EXXI) is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The board of directors of Energy XXI announced on March 12, 2014, the …

Magellan Petroleum’s CO2 Injection Project in the Williston is Underway; Results Expected by Q4’14

Magellan Petroleum’s CO2 Injection Project in the Williston is Underway; Results Expected by Q4’14

Magellan Petroleum Corporation (ticker: MPET) is an independent oil and gas exploration and production company with assets in the US, Australia, and the UK.  The Company is primarily focused on the development of a CO2-enhanced oil recovery (CO…

Saratoga Resources Moving Forward on Horizontal Drilling Program, Continues to Hold High Working Interest in the GOM

Saratoga Resources Moving Forward on Horizontal Drilling Program, Continues to Hold High Working Interest in the GOM

Saratoga Resources (ticker: SARA) is an independent exploration and production company with offices in Houston, Texas and Covington, Louisiana. Principal holdings cover 51,901 gross/net acres with 60% held by production, located in the transitional coastline and protected in-bay environment on …

April 2, 2014 - 4:39 pm Mergers & Acquisitions, Oil and Gas 360 Articles
Penn Virginia Eagle Ford Success Continues; Well Results Complemented by Nearby Operators

Penn Virginia Eagle Ford Success Continues; Well Results Complemented by Nearby Operators

Penn Virginia Corporation (ticker: PVA) is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions, including Texas, Oklahoma, Mississippi and Pennsylvania – however, the company …

Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

The United States energy market has big decisions ahead of it: Do we export oil? How do we safely transport crude oil across our country? Should we build the Keystone pipeline? And perhaps more captivating is what the industry/country should …

Harvest Natural Resources Reports Fourth Quarter and 2013 Earnings Results

Harvest Natural Resources Reports Fourth Quarter and 2013 Earnings Results

Harvest Natural Resources, Inc., (ticker: HNR) headquartered in Houston, Texas, is an independent energy company with primary assets in Venezuela and exploration assets in Indonesia, West Africa and China.

Harvest announced its net oil sales for Q4’13 were 3,964 BOE, …

Miller Energy Resources Reports Fiscal Q3’14 Results; Oil Production Hits New Highs

Miller Energy Resources Reports Fiscal Q3’14 Results; Oil Production Hits New Highs

Miller Energy Resources, Inc. (ticker: MILL) is an oil and natural gas exploration, production and drilling company operating in multiple exploration and production basins in North America. Miller’s focus is in Cook Inlet, Alaska and in the heart of Tennessee’s …

Acorn Energy Builds Backlog, Finding Niche in Microseismic Market

Acorn Energy Inc. (ticker: ACFN) is a holding company whose four portfolio companies help their customers achieve greater productivity, reliability, security, and efficiency-factors which can lead to greater profitability. US Seismic supplies fiber optic sensing solutions to increase oil/gas production …