Monday, June 23, 2025
ReconAfrica identifies key oil and gas exploration target for 2024 drilling campaign in Namibia- oil and gas 360

ReconAfrica identifies key oil and gas exploration target for 2024 drilling campaign in Namibia

World Oil (WO) – Reconnaissance Energy Africa Ltd. announced an operations update. ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024. To date, all surveying activity has been completed, with demining activities complete on the Damara Fold Belt Prospect L, which is expected to be the company’s first drilling location with an expected

Chord Energy and Enerplus to combine in $11 billion transaction creating premier Williston-focused E&P Ccompany with top-tier shareholder returns- oil and gas 360

Chord Energy and Enerplus to combine in $11 billion transaction creating premier Williston-focused E&P Ccompany with top-tier shareholder returns

Oil and Gas 360 Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics While Preserving Low Leverage; Strong

Zephyr Energy clears key regulatory hurdle to progress well drilling project in Utah- oil and gas 360

Zephyr Energy clears key regulatory hurdle to progress well drilling project in Utah

World Oil (WO) – Rocky Mountain-based oil and gas company Zephyr Energy plc has received state and federal Sundry Notice approvals for the amendment of the drilling permit related to the forthcoming “twinned” redrill of the State 36-2 well. These are the final regulatory approvals required for the company to spud the State 36-2R well on its project in the

U.S. firms slow hiring for ESG roles- oil and gas 360

U.S. firms slow hiring for ESG roles

Oil Price The American bubble of hiring managers in environmental, social, and governance roles is starting to bust amid pressures for firms to cut costs and backlash from investors against ESG. The number of departures in ESG roles exceeded arrivals in six of last year’s 12 months, per data from employment data provider Live Data Technologies cited by The Wall Street

California Resources Corporation to Combine with Aera Energy- oil and gas 360

California Resources Corporation to combine with Aera Energy

Oil and Gas 360 Transaction highly accretive across key 2024E financial metrics Complementary assets to significantly scale E&P business and expand leading carbon management platform LONG BEACH, Calif.–(BUSINESS WIRE)– California Resources Corporation (NYSE: CRC) today announced the signing of a definitive merger agreement to combine with Aera Energy, LLC (Aera) in an all-stock transaction. The transaction values Aera at approximately $2.1