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Nabors Industries completes its most impactful energy transition investment to date- oil and gas 360

Nabors Industries completes its most impactful energy transition investment to date

December 19, 2023

Oil and Gas 360 Welcomes Vast to its Portfolio of Clean, Renewable, Scalable, Dispatchable Energy Technology Investments HAMILTON, Bermuda, Dec. 19, 2023 /PRNewswire/ — Nabors Industries Ltd. (NYSE: NBR, “Nabors”) issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (“NETC”), the special purpose acquisition company

Kodiak Gas Services, Inc. to acquire CSI Compressco LP in an $854 million all-equity transaction- oil and gas 360

Kodiak Gas Services, Inc. to acquire CSI Compressco LP in an $854 million all-equity transaction

December 19, 2023

Oil and Gas 360 All-equity acquisition to create the industry’s largest contract compression fleet of 4.3 million revenue-generating horsepower Deepens Kodiak’s position in key operating areas, including over 2.8 million horsepower in the Permian Basin Expected annual run-rate cost synergies of at least $20 million CSI Compressco unitholders will receive 0.086 shares of Kodiak common stock for each CSI Compressco

Diversified Energy responds to market reaction- oil and gas 360

Diversified Energy responds to market reaction

December 19, 2023

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / December 19, 2023 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) today is providing a response to the movement in its share price. On December 18, 2023, The Company received a request for information from four members of the minority party (52 member committee) of the United States House of Representatives Committee on Energy

Unit Corporation announces completion of Texas Panhandle asset sale- oil and gas 360

Unit Corporation announces completion of Texas Panhandle asset sale

December 14, 2023

Oil and Gas 360 Dec 14, 2023 -TULSA, Okla. – On December 13, 2023, Unit Corporation (OTCQX: UNTC) (Company) completed the previously announced sale of certain non-core oil and gas assets in the Texas Panhandle (the “Divested Assets”) to a third party for net cash proceeds received at closing of $50 million, subject to customary post-closing adjustments pursuant to the terms

BP’s former CEO forfeits £32 million pay on misleading board- oil and gas 360

BP’s former CEO forfeits £32 million pay on misleading board

December 13, 2023

Yahoo Finance (Bloomberg) — BP Plc’s former Chief Executive Officer Bernard Looney will forfeit as much as £32.4 million ($40.6 million) in pay after resigning in September because he lied about his personal relationships with other employees. “Mr Looney knowingly misled the board,” the company said in a statement on Wednesday. “The board has determined that this amounts to serious

Baytex announces 2024 budget and five-year outlook with continued focus on free cash flow generation and shareholder returns- oil and gas 360

Baytex announces 2024 budget and five-year outlook with continued focus on free cash flow generation and shareholder returns

December 6, 2023

Oil and Gas 360 Calgary, Alberta–(Newsfile Corp. – December 6, 2023) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”) announces that its Board of Directors has approved a budget for 2024 exploration and development expenditures of $1.2 to $1.3 billion, which is designed to generate average annual production of 150,000 to 156,000 boe/d. “Our 2024 budget and five-year outlook demonstrates the

SilverBow Resources announces closing of Chesapeake acquisition and provides updated 2023 guidance & preliminary 2024 outlook- oil and gas 360

SilverBow Resources announces closing of Chesapeake acquisition and provides updated 2023 guidance & preliminary 2024 outlook

December 1, 2023

Oil and Gas 360 11/30/2023 – Completed transformational acquisition of Chesapeake’s remaining South Texas assets Preliminary 2024 outlook of 551-611 MMcfe/d; liquids to comprise ~40% of production mix Anticipated 2024 capex of $550-$580 million supports 3-rig drilling program The Company now holds over 220,000 net acres with 1,000 drilling locations identified Capital structure provides for ~$500 million of liquidity by

Former U.S. Deputy National Security Advisor joins ExxonMobil's board of directors- oil and gas 360

Former U.S. Deputy National Security Advisor joins ExxonMobil’s board of directors

November 13, 2023

World Oil (WO) – Exxon Mobil Corporation announced that Dina Powell McCormick will join its board of directors, effective Jan. 1. Ms. Powell McCormick is currently Vice Chairman, President and Global Head of Client Services at BDT & MSD Partners, an investment and advisory firm, and previously spent 16 years at The Goldman Sachs Group Inc., most recently as a
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