Post Tagged with: "Consolidation"

Source: Reuters

‘Enough is enough’: Canada’s Montney producers swap oil and gas assets for cash

Reuters


WINNIPEG, Manitoba – A wave of consolidation is underway in Canada’s Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few years …

U.S. oil growth to slow, may spur shale buyouts: Schlumberger’s Papa

U.S. oil growth to slow, may spur shale buyouts: Schlumberger’s Papa

Reuters


DHAHRAN, Saudi Arabia – U.S. oil output growth is expected to slow over the next five years, likely prompting oil majors to “gobble up” smaller shale oil producers, Mark Papa, shale pioneer and non-executive chairman of Schlumberger, told Reuters.…

January 14, 2020 - 2:00 pm Closing Bell Story‎, Energy News, Oilfield Services, People
Photo by Tyler Losier

Continental CEO Harold Hamm Speaks at EnerCom’s The Oil and Gas Conference

By Tyler Losier, Energy Reporter, Oil & Gas 360

Continental Resources’ Harold Hamm sits down for a fireside chat
Today, as part of EnerCom’s 24th annual The Oil and Gas Conference in Denver, Colorado, Harold Hamm, CEO and chairman of

Roan Resources (stock ticker: ROAN), an independent oil and natural gas company based out of Oklahoma City,Merge, SCOOP and STACK producer Roan Resources, Inc. (stock ticker: ROAN) said it expects 2Q production to exceed 50 MBOEPD,- Oil & Gas 360

More Oil and Gas M&A: Roan Resources Confirms Indications of Interest, In-Basin Consolidation Opportunities

Roan Resources forms transaction committee

Roan Resources, Inc. (NYSE: ROAN) said it has received multiple unsolicited indications of interest to purchase the company.

Roan reports it has an 150,000-acre position with an estimated resource potential of more than 2 billion …

Oil & Gas Sector Needs More Consolidation to Capture Synergy, Value: Lawler, Industry Execs

Oil & Gas Sector Needs More Consolidation to Capture Synergy, Value: Lawler, Industry Execs

From S&P Global Platts

Too many small, mid-sized companies

Oilfield services needs more consolidation

Services subsector still not making suitable profits

Houston — Consolidation through the oil and gas sector is heating up, spurred in many cases by too many …