Noble plans to form an MLP out of its midstream assets in the DJ Basin Houston-based Noble Energy (ticker: NBL) announced today that its wholly owned subsidiary Noble Midstream Partners has filed with the U.S. Securities and Exchange Commission (SEC) to perform an initial public offering of common units for a master limited partnership formed from the company’s DJ Basin
The drilling program of Nighthawk Energy plc (ticker: HAWK.L) is up and running again, and new arrangements in its marketing firm agreements are expected to provide increased upside in the second half of 2015. The plan to drill the first of six gross wells (three net) commenced on schedule in September, as part of its joint development agreement with Cascade
Erie, Colorado town board approves new code for operators The town of Erie, Colorado, passed a new code for in-town oil and gas operations, affecting major oil and gas companies like Anadarko (ticker: APC), Noble Energy (ticker: NE), Encana (ticker: ECA) and Synergy Resources Corp (ticker: SYRG). The new code creates two types of review processes for companies looking to
Nighthawk Energy (ticker: HAWK.L), an exploration and production company focused on conventional operations in the Denver-Julesburg Basin, is preparing to ramp up its drilling program after finalizing a series of financing and joint development agreements. Capital in Place to Begin Drilling in Sept. 2015 The company completed a convertible loan issue in August, raising $10 million to restart operations within
Great Western purchased 6,000 acres in the Wattenberg Field Great Western Petroleum, a subsidiary of Great Western Oil & Gas Company, an affiliate of The Broe Group, purchased approximately 6,000 acres and eight producing wells in the Wattenberg Field, according to a press release today. This purchase marks the second acquisition the company has made in the DJ Basin so
Private E&P is Evaluating $500 Million to $1.5 Billion Opportunities in the D-J, Permian and Utica Exclusive Interview with Oil & Gas 360 Fifth Creek Energy is a private E&P company, formed by Michael Starzer and Patrick Graham, the founders of Bonanza Creek Energy (ticker: BCEI) and its predecessor companies. Last week, Fifth Creek and Natural Gas Partners (NGP) announced
Company will Operate in Only 2 Basins: DJ and Uinta; Deal Eliminates 57% of BBG’s Net Debt Bill Barrett Corporation (ticker: BBG), an exploration and production company focused on the Rocky Mountain region, has shifted its asset position in a deal totaling $757 million. On September 16, 2014, the company announced the sale of the majority of its acreage in
Public sentiment about hydraulic fracture stimulation (fracing) and other aspects of oil and gas exploration and production in Colorado has generated a lot of sentiment in recent months. A variety of Colorado municipalities want to institute local rules, ballot initiatives have been proposed, signatures are being collected, Congressman Jared Polis and Governor John Hickenlooper have weighed in, some local bans
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 emphasis on the Bakken oil shale play in North Dakota. Samson Oil & Gas is scheduled to present at EnerCom’s
